Lost Profit Claims for New Business Are Now Allowed in New Jersey

By Stuart Lieberman | Published August 22, 2022 | Posted in New Jersey Environmental Laws, Real Estate | Tagged Tags: larry schwartz litigation, lost profit claims in New Jersey, lost profit due to contamination, lost profit due to negligence, new business loss profit claims | Comments Off on Lost Profit Claims for New Business Are Now Allowed in New Jersey

For decades new business owners have been precluded from alleging lost profit damages in New Jersey courts. The issue would arise when a lawsuit was filed and a new business owner would assert a claim for lost revenue due to someone else’s wrongdoing. Since a 1936 case entitled Weiss v. Building & Loan Associates our Read More

In The Media

On the Run: Runner/lawyer DeBord out to protect the environment she loves
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When Brittany DeBord runs along the Delaware River canal towpath or on the trails of Tyler State Park, she doesn’t just appreciate the natural beauty of the...
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Gulf Coast Town Center facing foreclosure
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Wells Fargo filed a lawsuit Sept. 8 against an affiliate of CBL & Associates, the owners of the decadeold, 1.2 million-square-foot mall in south Fort Myers for a $190.9 million unpaid loan. The center has 94 stores on 204 acres, with such anchors as Super Target, Belk, Best Buy, Dick’s Sporting Goods, Marshalls and Costco...
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Town liable for private company's leaking underground tanks, court rules
NJ.com Jul 26, 2017
CRANFORD -- A couple that owned a businesses in town and became sick from leaking underground tanks owned by an adjacent business can sue the township for damages because the tanks were partially ...
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Dark Waters: How a Class Action Catapulted NJ to Forefront of 'Forever Chemicals' Battle
NJ Law Journal Jan 09, 2020
As property owners become increasingly aware of PFAS contamination, and as individuals exposed to PFAS learn of the health risks associated with exposure, liability will likely affect entire supply chains.
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Lost Profit Claims for New Business Are Now Allowed in New Jersey

In The Media

On the Run: Runner/lawyer DeBord out to protect the environment she loves

Gulf Coast Town Center facing foreclosure

Town liable for private company's leaking underground tanks, court rules

Dark Waters: How a Class Action Catapulted NJ to Forefront of 'Forever Chemicals' Battle

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