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
2759 Commercial Printing, NEC
323111 Commercial Printing (except Screen and Books)
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 App. 2005), unpublished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 ...