Is Expert Valuation Still Valid After Routine Destruction of Underlying Workpapers?

Business Valuation UpdateVol. 16 No. 6
Legal and Court Case Update
June 2010

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3999 Manufacturing Industries, NEC
339999 All Other Miscellaneous Manufacturing
breach of fiduciary duty
Lawton v. Bank of America Corp.
2010 WL 1508922 (D.R.I.)
April 14, 2010
US
Federal Court
Federal
United States District Court
Peri Ann Aptaker
Smith

Summary

Court considers whether an expert can rely on valid but aged report after routine destruction of underlying workpapers, and also whether the expert can supplement the report with information not available at the time of the original.

See Also

Lawton v. Bank of America Corp.

Full Text of Court Cases
April 14, 2010

Court considers whether an expert can rely on valid but aged report after routine destruction of underlying workpapers, and also whether the expert can supplement the report with information not available at the time of the original.