Court Excludes Pro Forma-Based Economic Damages Analysis

Business Valuation UpdateVol. 22 No. 2
Legal and Court Case Update
February 2016
5411 Grocery Stores
445110 Supermarkets and Other Grocery Retailers (except Convenience Retailers)
contract
damages, daubert, expert testimony, admissibility, discounted cash flow (DCF), reliability, projections

Bruno v. Bozzuto’s, Inc.
2015 U.S. Dist. LEXIS 156339
November 19, 2015
US
Federal Court
Pennsylvania
United States District Court
James N. Dragotto, Dr. Murli Rajan (plaintiffs); John A. Slavek, David M. Duffus (defendant)
Brann

Summary

Court excludes plaintiffs’ DCF-based damages calculation, finding it suffers from “garbage-in, garbage-out” problem; plaintiffs’ experts based cash flow analysis on defendant’s preliminary projections rather than subsequently available actual sales data.

See Also

Bruno v. Bozzuto’s, Inc.

Court excludes plaintiffs’ DCF-based damages calculation, finding it suffers from “garbage-in, garbage-out” problem; plaintiffs’ experts based cash flow analysis on defendant’s preliminary projections rather than subsequently available actual sales data.