Edelson v. Cheung

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March 24, 2020

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2258 Lace and Warp Knit Fabric Mills
313240 Knit Fabric Mills
economic damages & lost profits
lost profits, breach of contract, expert testimony, income approach, asset approach, fraud, market approach
Edelson v. Cheung
2020 U.S. Dist. LEXIS 56823
US
Federal Court
New Jersey
United States District Court
Thomas J. Hoberman (plaintiff); none (defendant)
Vazquez

Summary

In business dispute alleging breach and fraud, court adopts plaintiff expert’s methodology to value contested interest by way of the market approach; court notes expert well explained why the income approach was not available and the asset approach was too limited to provide an accurate valuation.
Edelson v. Cheung
PDF, Size: 52 KB

See Also

Court Agrees Market Approach Generates Most Accurate Value of Plaintiff’s Interest

Court Case Digests
March 24, 2020

In business dispute alleging breach and fraud, court adopts plaintiff expert’s methodology to value contested interest by way of the market approach; court notes expert well explained why the income approach was not available and the asset approach was too limited to provide an accurate valuation.

This article also appears in:
The Comprehensive Guide to Economic Damages, Seventh Edition