Lightbox Ventures, LLC v. 3rd Home Limited – Expert reports excluded due to unsupported assumptions
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Description
Abstract: It can be risky for experts to unquestioningly rely on data and assumptions from clients when computing lost profits or valuing a business. This article summarizes a federal district court decision to exclude expert testimony on Daubert grounds, because numerous unsupported assumptions rendered the reports “useless.” Lightbox Ventures, LLC v. 3rd Home Limited, No. 16cv2379, U.S. Dist. Ct., S.D.N.Y., November 13, 2017
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Newsletter | Valuation & Litigation Briefing / Litigation & Valuation Report |
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