Expert’s Failure to Adhere to Objective Standard Spoils Analysis

Business Valuation UpdateVol. 21 No. 4
Legal and Court Case Update
April 2015

Access the Full Article

This article is available with a subscription to any of these products:
It is also available in this product:
Already a subscriber or product owner?  Login
This article is also available for purchase. (1,337 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
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
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.

Full Text of Court Cases
January 8, 2015

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.

This article also appears in:
Business Valuation UpdateVol. 21 No. 4
The Comprehensive Guide to Economic Damages, Seventh Edition