Damages Calculation Resting on Loan Sampling Is ‘Solid’

Business Valuation UpdateVol. 19 No. 5
Legal and Court Case Update
May 2013

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6331 Fire, Marine, and Casualty Insurance
524126 Direct Property and Casualty Insurance Carriers
contract
Assured Guaranty Municipal Corp. v. Flagstar Bank, FSB
2013 U.S. Dist. LEXIS 16682
February 6, 2013
US
Federal Court
New York
United States District Court
Mason (plaintiffs); none (defendants)
Rakoff

Summary

In breach of contract action involving loan pools, federal court rejects Daubert challenge to expert’s calculation of damages based on statistical sampling.

See Also

Assured Guaranty Municipal Corp. v. Flagstar Bank, FSB

Full Text of Court Cases
February 6, 2013

In breach of contract action involving loan pools, federal court rejects Daubert challenge to expert’s calculation of damages based on statistical sampling.