Reliance on Expert Upheld

Business Valuation Update BVLaw
Legal and Court Case Update
August 29, 2000
5093 Scrap and Waste Materials
423930 Recyclable Material Merchant Wholesalers
federal taxation
income tax

Thompson v. United States
223 F.3d 1206, 2000 U.S. App. LEXIS 22177
Federal Court
10th Circuit
United States Court of Appeals
Billy Stewart (for plaintiff)


Plaintiff invested in Davenport Recycling Associates limited partnership, which turned out to be (without plaintiff's knowledge at the time) a sham transaction.

See Also

Thompson v. United States

At issue is the admittance of expert testimony.