Owners of an unusual commercial vehicle are entitled to lost profits for loss of use and replacement costs of the vehicle when it is damaged in a wreck, said the Missouri Supreme Court on Tuesday. The Supreme Court affirmed a trial court's award of $201,000 to Gateway Foam Insulators Inc. for the loss of profits, replacement cost and environmental cleanup costs, associated with the wreck of its specialized foam insulation installation truck. The court only reversed an $11,723 award for loan interest.

Tagged with: Gateway Foam Insulators Jokerst Paving & Contracting Mark Kragel Missouri Supreme Court verdict

The Missouri Supreme Court is set to consider which types of damages are allowed when an unusual company vehicle is involved in a wreck. The court today will hear oral arguments in the case of Gateway Foam Insulators. v. Jokerst ...

Tagged with: Ameristar company vehicle Eastern District Court of Appeals Gateway Foam Insulators Jokerst Paving & Contracting Missouri Supreme Court