Report Is Inadmissible Where Purported Valuator Is Not Certified, Uses Incorrect Methodology, and Does No Independent Analysis

Business Valuation UpdateVol. 12 No. 1
Legal and Court Case Update
January 2006
8082 Home Health Care Services
bankruptcy

In re Med Diversified, Inc. (I)
2005 Bankr. LEXIS 2236
November 14, 2005
US
Federal Court
New York
United States Bankruptcy Court
Scott P. Peltz (for Addus Healthcare Inc.); Robert Cimasi (for Chartwell Litigation Trust)
Bernstein

Summary

In a case of first impression in a bankruptcy adversary proceeding, the narrow issue was whether Scott P. Peltz, the proposed business valuation expert witness for Addus Healthcare Inc. (Addus), was qualified and whether his purported expertise satisfied the standards of relevance and reliability under Daubert.

See Also

In re Med Diversified, Inc. (I)

In a case of first impression in a bankruptcy adversary proceeding, the narrow issue was whether Scott P. Peltz, the proposed business valuation expert witness for Addus Healthcare Inc. (Addus), was qualified.