$1.5 Million Jury Verdict for Breach of Sale of Business Contract

Mr. Ochrach’s client, Kip, entered a contract to buy a business in Woodland for about $500,000.
Just before the sale closed, the seller reneged. Mr. Ochrach sued the seller for breach of the
contract.

At trial, the seller testified that he was justified in backing out of the contract because of Kip’s
failure to satisfy all of the contract terms. He also called an expert to testify that Kip did not
suffer any damages from the seller cancelling the contract. Mr. Ochrach impeached the seller’s
testimony proving that he breached the contract – and that the seller believed “anyone can weasel
out of a contract.” Mr. Ochrach discredited the seller’s expert witness to such an extent that, in
the end, the seller’s expert agreed that Kip suffered $1.5 million in damages.

The jury awarded Kip every penny of damages – the full $1.5 million.