Specific industry experience not needed to qualify as expert

Business Valuation UpdateVol. 2 No. 9
Legal and Court Case Update
September 1996
6411 Insurance Agents, Brokers, and Service
524210 Insurance Agencies and Brokerages
marital dissolution/divorce

Blinderman v. Reib
283 Ill. App. 3d 26, 669 N.E. 687, 218 Ill. Dec. 544
August 13, 1996
State Court
Court of Appeals
Lawrence Lipsky (for petitioner) Leonard Frumm (for respondent)


In this divorce action, husband contends that the circuit court shouldn't have considered the testimony of wife's valuation expert, Lawrence Lipsky, CPA, because Lipsky had no prior experience in valuing a company like Reib & Reib (R & R), husband's risk management insurance company.

See Also

Blinderman v. Reib

At issue is petitioner's expert testimony.