Lost Profits Experts Must Tailor Damages to the Law and the Facts

Business Valuation UpdateVol. 16 No. 11
Legal and Court Case Update
November 2010

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562111 Solid Waste Collection
fraud
Gresh v. Waste Services of America
2010 WL 3475580 (E.D. KY.)
September 1, 2010
US
Federal Court
Federal
United States District Court
Calvin Cranhill (plaintiff)
Bunning

Summary

Federal district court permits expert to testify regarding damages based on the value of plaintiff’s 5% share in the defendant closely held company, but bars testimony on prejudgment interest, pursuant to state law regarding unliquidated damages.

See Also

Gresh v. Waste Services of America

Full Text of Court Cases
September 1, 2010

Plaintiff Gerald Gresh commenced this civil action against Defendants, Waste Services of America, Inc. (WSA), W. Todd Skaggs, James P. Dalton and River Cities Disposal, LLC (RCD).