Expert’s Disregard of ASB Guidelines Imperils Valuation

Business Valuation UpdateVol. 20 No. 2
Legal and Court Case Update
February 2014
8748 Business Consulting Services, NEC
541690 Other Scientific and Technical Consulting Services
contract
goodwill, intangible assets, book value, market value, audit standard board (ASB), partnership dispute

Vega v. Fulcrum Energy, LLC
2013 Tex. App. LEXIS 12323
October 3, 2013
US
State Court
Texas
Court of Appeals
Gilbert Herrera (plaintiff); unknown (defendants)
Huddle

Summary

Appellate court affirms earlier finding that plaintiff expert’s valuation of plaintiff’s partnership interest did not comport with goodwill requirement of a controlling agreement; the expert failed to use a standard, reliable method that showed there was ...

See Also

Vega v. Fulcrum Energy, LLC

Appellate court affirms earlier finding that plaintiff expert’s valuation of plaintiff’s partnership interest did not comport with goodwill requirement of a controlling agreement; the expert failed to use a standard, reliable method that showed there was ...