Court Trusts Process to Test Expert’s Calculation of Value

Business Valuation UpdateVol. 20 No. 11
Legal and Court Case Update
November 2014
5013 Motor Vehicle Supplies and New Parts
423120 Motor Vehicle Supplies and New Parts Merchant Wholesalers
expert testimony
daubert, admissibility, calculation of value, calculation report, reliability, opinion of value, american institute of certified public accountants (AICPA), conclusion of value

Hipple v. SCIX, LLC
2014 U.S. LEXIS 113198
August 13, 2014
Federal Court
United States District Court
Wayne D. Geisser (plaintiff); unknown (defendants)

See Also

Hipple v. SCIX, LLC

Trial court finds plaintiff expert’s testimony based on a calculation of value instead of a full appraisal is admissible under Daubert because it is a form of engagements approved by the AICPA and the expert explained his methodology and assumptions.