When Business Owners Testify on Valuation, Damages Equal $1.00

Business Valuation UpdateVol. 13 No. 1
Legal and Court Case Update
January 2007

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7521 Automobile Parking
812930 Parking Lots and Garages
fraud
Chavez Properties-Airport Parking Albuquerque, LP, v. Lorentzan
2006 U.S. App. LEXIS 27735
November 7, 2006
US
Federal Court
10th Circuit
United States Court of Appeals
none
Baldock

Summary

Court disallows economic loss damages from business owners for failure to provide sufficiently accurate valuation analysis.

See Also

Chavez Properties-Airport Parking Albuquerque, LP, v. Lorentzan

Full Text of Court Cases
November 7, 2006

Court disallows economic loss damages from business owners, for failure to provide sufficiently accurate valuation analysis.