Arc Realty Co. v. Commissioner

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that the damages award should not provide the non-breaching party with a windfall recovery
• finding profits on proposed resale of condominiums that were not yet converted or under contract too speculative to be recovered
• denying recovery of lost profits which were “contingent on both the conversion and the ultimate sale of the units”

Source: CourtListener parenthetical corpus (CC0).