Forecast’s Assumption Imperils Conjoined Expert Opinions

Business Valuation UpdateVol. 20 No. 8
Legal and Court Case Update
August 2014

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4813 Telephone Communications, Except Radiotelephone
517911 Telecommunications Resellers
contract
daubert, rule 702, projections, revenue forecasts
Myservice Force v. Am. Home Shield
2014 U.S. Dist. LEXIS 61207
May 2, 2014
US
Federal Court
Pennsylvania
United States District Court
David Chandler Thomas, Bruce Luehrs (plaintiff); unknown (defendant)
Padova

Summary

In breach of contract suit, court strikes expert’s revenue forecasts, using Monte Carlo simulation, finding key assumption resulted from expert’s misreading of contract; court also strikes second expert’s valuation resting on inadmissible forecasts.

See Also

Myservice Force v. Am. Home Shield

Full Text of Court Cases
May 2, 2014

In breach of contract suit, court strikes expert’s revenue forecasts, using Monte Carlo simulation, finding key assumption resulted from expert’s misreading of contract; court also strikes second expert’s valuation resting on inadmissible forecasts.