Development Specialists, Inc. v. Weiser Realty Advisors LLC

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January 24, 2012

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malpractice (appraisal)
Development Specialists, Inc. v. Weiser Realty Advisors LLC
2012 U.S. Dist. LEXIS 8666
US
Federal Court
New York
United States District Court
Enid Hoffman (plaintiff); Duff and Phelps (defendants)
Forrest

Summary

In a malpractice action against a real estate appraiser, district court excludes valuation of leasehold interest by plaintiff’s financial expert for failing to comply with any professional standards, and for unreliability under Daubert.
Development Specialists, Inc. v. Weiser Realty Advisors LLC
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See Also

Appraisal Malpractice: It’s About Standards, Not the Ultimate Value

Legal and Court Case Update
April 2012

In a malpractice action against a real estate appraiser, district court excludes valuation of leasehold interest by plaintiff’s financial expert for failing to comply with any professional standards, and for unreliability under Daubert.

This article also appears in:
Daubert Challenges: The Courts Raise the Bar