Date of Decision:  March 23, 2016

Court:  US District Court – Virginia

Key Issues:

A physician sued a business partner for the alleged lost opportunity to acquire a medical practice at a certain price. The appeals court validated the breach of fiduciary claim against the defendant and remanded for a trial on remedies. The trial court found that the income and market approaches employed by Plaintiff expert were inappropriate or applied incorrectly. The court also opined that expert’s lost earnings calculation was speculative. The court also indicated that Plaintiff’s expert chose to consider only the data that were favorable to the Plaintiff.

Link to Court Opinion