Legal Precedent Is Key to Lost Profits Model in Savings and Loan Case

Business Valuation UpdateVol. 13 No. 1
Legal and Court Case Update
January 2007
6022 State Commercial Banks
522110 Commercial Banking
winstar

First Federal Lincoln Bank v. United States
2006 U.S. Claims LEXIS 330
October 31, 2006
US
Federal Court
Federal
United States Court of Federal Claims
David M. Cohen, Edward L. Lublin, Elizabeth A. Holt, Jeanne E. Davidson, John J. Todor, Katia I. Fano, Lawrence S. Sher, Paul M. Honigberg, Scott D. Austin, Stuart E. Schiffer, William G. Kanellis
Donald Kaplan (plaintiff); David Kennedy (defendant)
Margolis

Summary

Court trim lost profits/expectancy damages based on findings of inaccurate assumptions by valuation expert.

See Also

First Federal Lincoln Bank v. United States

Court trim lost profits/expectancy damages based on findings of inaccurate assumptions by valuation expert.