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Jerry Locks v. Gerald Wade

36 N.J.Super. 128 (Superior Court of New Jersey, 1955)

Tags: Lost Volume Profits, Mitigation

tl;dr: Lessor is only entitled to lost volume profits if they suffered an actual loss in profits due to lessee's breach on jukebox contract.

IRACIssue, Rule, Analysis, Conclusion

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Facts & Holding

Facts:Plaintiff Locks contracted to lease a jukebox to Defendant Wade....

Holding:The ruling below was affirmed because Locks was not able...

Jerry Locks v. Gerald Wade

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