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· 7/18/1988

International Adhesive Coating Company, Inc. v. Bolton Emerson International, Inc., Emerson Electric Co., D/B/A Chromalox, and Leo C. Pelkus, Inc.

Citations

  • 851 F.2d 540
  • 26 Fed. R. Serv. 436
  • 1988 U.S. App. LEXIS 9772
  • 1988 WL 73184

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • concluding that an expert’s testimony was properly admitted under Rule 703 where the expert derived his damages estimates from the party’s business and financial records and through interviews with company personnel
  • finding that business and financial records are typically relied on as a basis for an accountant’s expert opinion
  • noting that “the fact that an expert’s opinion may be tentative or even speculative does not mean that the testimony must be excluded so long as opposing counsel has an opportunity to attack the expert’s credibility.”
  • “Company records and statements by company personnel are types of data reasonably relied upon by accountants, and opinions based on those types of information are typically admissible under Rule 703.”
  • business and financial records are \obvious\ sources relied on by accountants in ascertaining damages
  • accountant may provide expert opinion based on company records and interviews with employees

Source: CourtListener parenthetical corpus (CC0).

Judges: Bownes, Breyer, Torruella

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.