Use of Reliable Method Does Not Assure Admissibility

Business Valuation UpdateVol. 20 No. 10
Legal and Court Case Update
October 2014
3826 Laboratory Analytical Instruments
334516 Analytical Laboratory Instrument Manufacturing
economic damages & lost profits
lost profits, daubert, expert testimony, discounted cash flow (DCF), reliability

LightLab Imaging, Inc. v. Axsun Technologies, Inc.
2014 Mass. LEXIS 585
July 28, 2014
US
State Court
Massachusetts
Court of Appeals
Roy Weinstein (plaintiff); unknown (defendants)
Spina

Summary

Appeals court finds trial court had discretion under Daubert to exclude expert testimony on future lost profits where expert used the “first mover advantage” as part of his DCF analysis to quantify damages and ended up with an unreliable method.

See Also

LightLab Imaging, Inc. v. Axsun Technologies, Inc.

Appeals court finds trial court had discretion under Daubert to exclude expert testimony on future lost profits where expert used the “first mover advantage” as part of his DCF analysis to quantify damages and ended up with an unreliable method.