Daubert Allows for Generous View on Yardstick Analysis

Business Valuation UpdateVol. 21 No. 8
Legal and Court Case Update
August 2015

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5136 Men's and Boys' Clothing and Furnishings
423910 Sporting and Recreational Goods and Supplies Merchant Wholesalers
economic damages & lost profits
lost profits, daubert, expert testimony, admissibility, expert report
Washington v. Kellwood Co. (I)
2015 U.S. Dist. LEXIS 63457
April 21, 2015
US
Federal Court
New York
United States District Court
Scott A. Barnes (plaintiffs); Gary R. Trugman (defendant)
Dolinger

Summary

Court rejects bright-line reliability test for yardstick analysis, saying expert’s failure to find a “nearly identical” comparator did not render analysis unreliable and inadmissible under Daubert and finding companies were similar in material respects.

See Also

Washington v. Kellwood Co. (I)

Full Text of Court Cases
April 21, 2015

Court rejects bright-line reliability test for yardstick analysis, saying expert’s failure to find a “nearly identical” comparator did not render analysis unreliable and inadmissible under Daubert and finding companies were similar in material respects.

This article also appears in:
Business Valuation UpdateVol. 21 No. 8
The Comprehensive Guide to Economic Damages, Seventh Edition