New business rule - Damages

(a) In a case involving a recognized tort or breach of contract, there is no absolute denial of damages for lost profits to a newly established business. (b) A newly established business is subject to the same standard of proof for lost profits as any other business regardless of how long the newly established business has operated. Added by Act 2017, No. 1103,§ 3, eff. 8/1/2017. (a) In a case involving a recognized tort or breach of contract, there is no absolute denial of damages for lost profits to a newly established business. (b) A newly established business is subject to the same standard of proof for lost profits as any other business regardless of how long the newly established business has operated. Added by Act 2017, No. 1103,§ 3, eff. 8/1/2017.