Manbro Energy Corp. v. Chatterjee Advisors, LLC

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September 13, 2022

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6722 Management Investment Offices, Open-End
523920 Portfolio Management
economic damages & lost profits
expert testimony, fair value, net asset value, breach of fiduciary duty, motion to exclude, summary judgment, unjust enrichment, covenant
Manbro Energy Corp. v. Chatterjee Advisors, LLC
2022 U.S. Dist. LEXIS 165342; 2022 WL 4225543
US
Federal Court
New York
United States District Court
Dr. Antoinette Schoar
Lorna G. Schofield

Summary

The primary focus of this case was cross-motions for summary judgment on issues dealing with fiduciary duty and implied covenant of good faith and fair dealing. A final issue, of importance to valuation experts, was a motion to exclude the testimony of the plaintiff’s valuation expert, which the court denied.
Manbro Energy Corp. v. Chatterjee Advisors, LLC
PDF, Size: 318 KB

See Also

U.S. District Court (New York) Denies Motion to Exclude Expert Witness

Court Case Digests
September 13, 2022

The primary focus of this case was cross-motions for summary judgment on issues dealing with fiduciary duty and implied covenant of good faith and fair dealing. A final issue, of importance to valuation experts, was a motion to exclude the testimony of the plaintiff’s valuation expert, which the court denied.

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