- 19 - At the trial in the lawsuit, an expert witness of the plaintiffs, George C. Reavy (Mr. Reavy), an economist, valued petitioner's total loss at $3,796,118. In arriving at that total loss, Mr. Reavy valued (1) the actual inventory of Mr. Henry and Ms. Estes d/b/a Fred Henry's Paradise of Orchids, which had been counted by Crawford, at $1,508,052, (2) their inventory which had been discarded, but which were represented by tags, at $1,390,078, and (3) their additional orchid plants known as cattleyas at $356,429, for a total inventory value of $3,254,559. Mr. Reavy added eight percent interest to that total inventory value in order to arrive at a total loss of $3,796,118. That was the position of the plaintiffs at the end of the trial in the lawsuit. The attorneys for the plaintiffs in the lawsuit did not present any evidence at the trial in that lawsuit concerning damage allegedly caused by the evidence that du Pont presented during that trial. During closing arguments to the jury after the trial in the lawsuit, one of the plaintiffs' attorneys argued that the plain- tiffs were seeking damages only for their lost inventory, and not for loss of their reputation. That attorney argued in pertinent part as follows: Now, this is probably the simplest economic chart ever presented in a case, but basically what it boils down to is this. Remember we had Dr. Reavy come up and explain to you that he looked at the inventory, and what he did, he only did one thing with the inventory,Page: Previous 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Next
Last modified: May 25, 2011