Defunct Firm Coudert Loses Fight Over Lease Valuation
U.S. District Judge Katherine B. Forrest ruled that the valuation Weiser gave to the firm before it collapsed was fair, and that a report prepared by Enid Hoffman, the expert retained by Coudert's bankruptcy plan administrators, Development Specialists Inc., didn't use proper appraisal standards.
"Hoffman's divergent opinion — detached from any identified professional standard...
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