Practitioners assessing damages for misleading and deceptive conduct inducing a business purchase must ensure that post-sale financial performance is used to illuminate the true value of the business at the date of acquisition, not treated as a separate 'benefit' to be set off against the purchase price, and that the purchaser bears the full evidentiary burden of proving both elements of loss (price paid and true value) with reasonable certainty.
The full text is available to signed-in members, including the 29 later cases that cite this judgment.
5 of the 29 citing cases carry a classified treatment. How each court treated it is available to signed-in members.