Legal Opinion
Block v. Laboratory Procedures, Inc.
California Court of Appeal
Decided June 23, 1970No. Civ. 35266PublishedCited by 17 opinions
1Opinion of the Court
Opinion
IRWIN, J. *
Appeal by plaintiff from that portion of a judgment disallowing prejudgment interest on a claim for breach of a stock option contract.
The sole question to be determined is whether appellant’s damages for breach of contract were, on the record before us, capable of being made certain by calculation.
Appellant and respondent entered into a written employment agreement which gave appellant an option to purchase 5,000 shares of respondent’s stock at 85 percent of its market value as of April 19, 1965. The option period was 24 months. Appellant exercised the option on November 10,…
2Cases cited8 opinions
- Lineman v. SchmidCalifornia Supreme Court · 1948
- Coleman Engineering Co. v. North American Aviation, Inc.California Supreme Court · 1966
- Mears v. MearsCalifornia Court of Appeal · 1960
- Conderback, Inc. v. Standard Oil Co.California Court of Appeal · 1966
- Kompf v. MorrisonCalifornia Court of Appeal · 1946
3 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Esgro Central, Inc. v. General InsuranceCalifornia Court of Appeal · 1971
- Fireman's Fund Insurance v. Allstate InsuranceCalifornia Court of Appeal · 1991
- San Francisco Ecology Center v. City & County of San FranciscoCalifornia Court of Appeal · 1975
- Leaf v. Phil Rauch, Inc.California Court of Appeal · 1975
- James B. Lansing Sound, Inc. v. National Union Fire Insurance Company of Pittsburgh, Pa, a Pennsylvania CorporationCourt of Appeals for the Ninth Circuit · 1986
12 more not listed; retrieve them via the Exa API.