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Section 16-64-131 - New business rule - Damages — Arkansas Law | CourtGPT
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  4. Title 16 - Practice, Procedure, and Courts (§§ 16-1-101 — 16-131-206)/
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  7. Section 16-64-131 - New business rule - Damages
Arkansas Legal Code

Section 16-64-131 - New business rule - Damages

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(a) In a case involving a recognized tort or breach of contract, there is no absolute denial of damages for lost profits to a newly established business.(b) A newly established business is subject to the same standard of proof for lost profits as any other business regardless of how long the newly established business has operated.Added by Act 2017, No. 1103,§ 3, eff. 8/1/2017.