New York Court of Appeals
American List Corporation, Respondent-Appellant v. U.S. News and World Report, Inc., Appellant-Respondent
December 19, 198975 N.Y.2d 38
Summary
The Court held that the plaintiff's damages are general, not special, and that the lower court erred by using a discount factor that considered the plaintiff's future performance risk; it remanded for a proper discount calculation and affirmed that no damages are owed for the optional 25% extra names.