Issue: Under Illinois law, is a small business owner entitled to recover damages for loss of opportunity?
| Area of Law: | Business Organizations & Contracts, Litigation & Procedure |
| Keywords: | Damages for loss of opportunity; Small business owner |
| Jurisdiction: | Illinois |
| Cited Cases: | None |
| Cited Statutes: | None |
| Date: | 09/01/2015 |
Illinois law recognizes loss of opportunity as an item of damages for a small business owner. See Hill v. Names & Addresses, Inc., 212 Ill. App. 3d 1065, 1081-82 571 N.E.2d 1085, 1995 (1991) (holding that the court did not err in awarding damages for lost business opportunities).
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