Purchaser of Business May Not Rely on Appraisal Performed for Lender Obtained in Connection With Financing

Business Valuation Update BVLaw
Legal and Court Case Update
August 31, 2005
8093 Specialty Outpatient Facilities, NEC
tort

Display Promotions, Inc. v. DoveBid Valuation Services, Inc., et al.
No. 2004AP797 (Wis. App. 2005), unpublished
US
State Court
Wisconsin
Court of Appeals
Per Curiam

Summary

The Wisconsin Court of Appeals affirmed the dismissal of this negligence action against an appraiser on summary judgment.

See Also

Display Promotions, Inc. v. DoveBid Valuation Services, Inc., et al.

The Wisconsin Court of Appeals affirmed the dismissal of this negligence action against an appraiser on summary judgment. The appellate court found that where the purchase agreement did not make the acquisition contingent upon financing or a satisfactory ...