BV on Trial in Bankruptcy? New York Court Excludes Appraisal as ‘Junk Science’

Business Valuation UpdateVol. 12 No. 10
Legal and Court Case Update
October 2006

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

Summary

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

See Also

In re Med Diversified, Inc. (II)

Full Text of Court Cases
August 2, 2006

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