Cutting Costs on Expert Testimony and Appraisals Doesn’t Always Pay Off

Business Valuation UpdateVol. 15 No. 9
Legal and Court Case Update
September 2009

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1522 General Contractors-Residential Buildings, Other Than Single-Family
236116 New Multifamily Housing Construction (except For-Sale Builders)
bankruptcy
Villaje del Rio, Ltd. v. Colina del Rio, L.P.
2009 WL 1606431 (W.D. Tex.)
June 8, 2009
US
Federal Court
Texas
United States District Court
Paul Hornsby and Martyn Glenn (plaintiff)
Rodriguez

Summary

Court precludes developer from testify as an expert regarding construction project’s solvency and value, and it strikes two valuation experts because they relied on appraisals prepared during financing phases of the project, not its construction phases.

See Also

Villaje del Rio, Ltd. v. Colina del Rio, L.P.

Full Text of Court Cases
June 8, 2009

Court precludes developer from testifying as an expert regarding construction project’s solvency and value, and it strikes two valuation experts because they relied on appraisals prepared during financing phases of the project, not its construction phases ...

This article also appears in:
Business Valuation UpdateVol. 15 No. 9
The Comprehensive Guide to Economic Damages, Seventh Edition