Unestablished business damages; lost profits

Va. Code Ann. § 8.01-221.1, under Chapter 3. Actions..

Va. Code Ann. § 8.01-221.1

Damages for lost profits of a new or unestablished business may be recoverable upon proper proof. A party shall not be deemed to have failed to prove lost profits because the new or unestablished business has no history of profits. Such damages for a new or unestablished business shall not be recoverable in wrongful death or personal injury actions other than actions for defamation.