Lost Profits Expert Relied Solely on New Business Plan
Court vacates over $2 million in lost profits for new venture, finding the damages expert relied solely on “grandiose” and unrealistic business plans.
Beijing Tong Ren Tang (USA) Corp. v. TRT USA Corporation et al.
Court vacates over $2 million in lost profits for new venture, finding the damages expert relied solely on “grandiose” and unrealistic business plans.
Experts Rejected for Conflict of Interest and Failure to Use Management Projections
The issue in this case was the fair value of the shares of PharmaSciences Inc. (PSI).
Evidence Supported 15% Long-Term Growth Rate; Court Reduces DLOM
Vetco Inc. is a private, closely held corporation. Kenneth Wolk is Vetco's minority shareholder.
Gray v. Cytokine Pharmasciences, Inc.
The issue in this case was the fair value of the shares of PharmaSciences, Inc.
In re Vetco, Inc.
Vetco's minority shareholder commenced this proceeding to dissolve Vetco and Vetco opted to purchase Wolk's shares in lieu of dissolution.
PVI, Inc. v. ratiopharm GmbH
At issue is breach of fiduciary duty.
Independent Appraiser Valuation Pursuant to Shareholder Agreement Upheld
This is an appeal from a grant of summary judgment on a breach of contract claim concerning Martec stock.
In re Brand Name Prescription Drugs Antitrust Litigation
Suit against manufacturers and wholesalers of brand-name prescription drugs charging conspiracy to deny discounts to the pharmacies. Admissibility of experts at issue.
Thompson, C. v. Commissioner (I)
The Tax Court determined whether noncompete agreements executed in connection with the sale of a beauty supply business had economic reality. The court accepted the testimony of the taxpayer's expert who valued the business using the discounted cash flow ...
Thompson, C v. Commissioner (II)
Case name: Thompson v. Commissioner Citation: 1997 Tax Ct. Memo LEXIS 341 At issue is whether State Supply may amortize $ 2.5 million, or some lesser amount, for covenants not to compete.