Admissibility Does Not Depend on Personal Knowledge of Facts
Appeals court says expert’s lack of personal knowledge of information undergirding lost profits calculation does not disqualify his opinion, as long as he can show experts in his field would rely on this information and it is otherwise reasonably reliable ...
Am. Eagle Waste Indust., LLC v. St. Louis County
Appeals court says expert’s lack of personal knowledge of information undergirding lost profits calculation does not disqualify his opinion, as long as he can show experts in his field would rely on this information and it is otherwise reasonably reliable ...
Lost Profits Experts Must Tailor Damages to the Law and the Facts
Federal district court permits expert to testify regarding damages based on the value of plaintiff’s 5% share in the defendant closely held company, but bars testimony on prejudgment interest, pursuant to state law regarding unliquidated damages.
Gresh v. Waste Services of America
Federal district court permits expert to testify regarding damages based on the value of plaintiff’s 5% share in the defendant closely held company, but bars testimony on prejudgment interest, pursuant to state law regarding unliquidated damages.
Gresh v. Waste Services of America
Plaintiff Gerald Gresh commenced this civil action against Defendants, Waste Services of America, Inc. (WSA), W. Todd Skaggs, James P. Dalton and River Cities Disposal, LLC (RCD).
Atlas Disposal Industries, LLC v. BRI Waste Systems of North America, Inc.
The California Court of Appeal for the 3rd District affirmed a lower court award of damages for breach of contract based on the contract price rather than net lost profits in this breach of contract case.
Valuation date, equitable increase in value award affirmed
Husband’s failure to provide financial information about the business beyond the valuation date used by wife’s expert precluded him from challenging the valuation date.
Wilson v. Wilson
Issue involves the increase in value of the husband's business during the marriage.