‘BV on Trial’ in Bankruptcy: Exclusive Insights From the In Re Med Diversified Expert

Business Valuation UpdateVol. 12 No. 12
Legal and Court Case Update
December 2006
8082 Home Health Care Services
621610 Home Health Care Services

In re Med Diversified, Inc. (II)
2006 Bankr. LEXIS 1677
August 2, 2006
Federal Court
New York
United States Bankruptcy Court
Ellen Wheeler
Robert Cimasi (plaintiffs)


In 1889, to ease overcrowding at the New York City Asylum for the Insane on Ward’s Island, 40 men were sent to Central Islip, Long Island, where they built what was then called The Branch Lunatic, a facility for the criminally insane.

See Also

In re Med Diversified, Inc. (II)

Bankruptcy court excludes expert business valuation report for “pervasive bias,” but also reveals possible bias against BV profession as a whole.

In re Med Diversified, Inc. (I)

In a case of first impression in a bankruptcy adversary proceeding, the narrow issue was whether Scott P. Peltz, the proposed business valuation expert witness for Addus Healthcare Inc. (Addus), was qualified.