- 33 - unable to determine precisely the portion of the total lost profits reflected in Analysis 1 that was attributable to ETS, "the bulk of what is in the office profitability would have been from Evergreen." In that regard, Mr. Wharton further testified with respect to Analysis 1 that (1) the lost revenues of $553,745 that he allocated to the office category in Analysis 1 were lost revenues from clerical and secretarial services such as typing, photocopying, and transcribing; (2) the direct costs of $174,939 that he allocated to the office category were costs that would have been associated with the lost revenues in that category including variable office costs, such as hourly rates charged by typists; and (3) the variable overhead of $155,132 included additional costs that would have been associated with the lost revenues in the office category. Based upon the pretrial order and evidence presented at the damages hearing, in its opinion, the District Court awarded to all the plaintiffs in the Farmers lawsuit (viz., DCI and the Diamonds), and not just to DCI, damages in the total amount of $1,886,63623 for FIG's liability for breaches of contract, indem- nity, and fraudulent misrepresentations. On February 26, 1987, it entered a judgment reflecting that opinion in favor of all the plaintiffs, and not just DCI, and for interest on those damages. 23 This amount included the District Court's award to the plain- tiffs of reliance damages, which was reversed by the U.S. Court of Appeals for the Ninth Circuit.Page: Previous 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 Next
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