‘Blunderbuss of Objections’ Aims to Kill Loss of Goodwill Calculation

Business Valuation UpdateVol. 21 No. 9
Legal and Court Case Update
September 2015

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3523 Farm Machinery and Equipment
333111 Farm Machinery and Equipment Manufacturing
contract
damages, goodwill, daubert, expert testimony, admissibility, rule 702, expert report, federal rules of evidence (FRE)
Tilstra v. Boumatic LLC
2015 U.S. App. LEXIS 11183
June 30, 2015
US
Federal Court
7th Circuit
United States Court of Appeals
Rinaldo Sciannella (plaintiffs); unknown (defendant)
Posner

Summary

Defendant’s “blunderbuss of objections” to opposing expert’s valuation of loss of goodwill misses mark, 7th Circuit says; expert used a standard business valuation method and his reliance on company financials was justified under rules of evidence.

See Also

Tilstra v. Boumatic LLC

Full Text of Court Cases
June 30, 2015

Defendant’s “blunderbuss of objections” to opposing expert’s valuation of loss of goodwill misses mark, 7th Circuit says; expert used a standard business valuation method and his reliance on company financials was justified under rules of evidence.