Expert’s Failure to Adhere to Objective Standard Spoils Analysis

Business Valuation UpdateVol. 21 No. 4
Legal and Court Case Update
April 2015
6411 Insurance Agents, Brokers, and Service
524210 Insurance Agencies and Brokerages
contract
lost profits, daubert, discount rate, admissibility, reliability, projections, comparable

Russell v. Allianze Life Ins. Co. of N.A.
2015 U.S. Dist. LEXIS 1946
January 8, 2015
US
Federal Court
Mississippi
United States District Court
Robert Vance (plaintiff); N/A (defendant)
Brown

Summary

Court excludes lost profits analysis under Daubert where expert calculates value of plaintiff’s book of business without documenting comparables, verifying plaintiff’s claims as to number of lost clients, and employing objective work-life expectancy data.

See Also

Russell v. Allianze Life Ins. Co. of N.A.

Court excludes lost profits analysis under Daubert where expert calculates value of plaintiff’s book of business without documenting comparables, verifying plaintiff’s claims as to number of lost clients, and employing objective work-life expectancy data.