IP Valuation Fails to Follow Accepted BV Guidelines in Shareholder Derivative Suit

Business Valuation UpdateVol. 15 No. 7
Legal and Court Case Update
July 2009
6794 Patent Owners and Lessors
533110 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)
fraud

Cemen- Lock v. Gas Technology Institute
2009 WL 855690 (N.D. Ill.)
March 30, 2009
US
Federal Court
Illinois
United States District Court
Ronald Vollmar (plaintiffs)
Pallmeyer

Summary

Court excludes IP valuation evidence under the new business rule but grants new trial because defendants failed to make a sufficient objection during the original proceedings.

See Also

Cement-Lock v. Gas Technology Institute

Court excludes IP valuation evidence under the new business rule, but grants new trial because defendants failed to make a sufficient objection during the original proceedings.