Advisor Sues to Collect Fees for Advice and Fairness Opinion

Business Valuation UpdateVol. 2 No. 1
Legal and Court Case Update
January 1996

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6282 Investment Advice
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contract
Wessels v. National Medical Waste
65 F.3d 1427
September 7, 1995
US
Federal Court
8th Circuit
United States Court of Appeals
Wood

Summary

Wessels, an investment banking firm, rendered financial advisory services and a fairness opinion for National Medical Waste Inc. regarding a proposed merger.

See Also

Wessels v. National Medical Waste

Full Text of Court Cases
September 7, 1995

At issue is whether National Medical Waste's payment to Wessels is conditioned upon the completion of a potential merger even though Wessels performed in accordance with the contract.