Advisor Sues to Collect Fees for Advice and Fairness Opinion

Business Valuation UpdateVol. 2 No. 1
Legal and Court Case Update
January 1996
6282 Investment Advice
523920 Portfolio Management

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


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

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.