Zhu v. Li

CourtDistrict Court, N.D. California
DecidedJanuary 30, 2023
Docket4:19-cv-02534
StatusUnknown

This text of Zhu v. Li (Zhu v. Li) is published on Counsel Stack Legal Research, covering District Court, N.D. California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Zhu v. Li, (N.D. Cal. 2023).

Opinion

1 2 3 4 UNITED STATES DISTRICT COURT 5 NORTHERN DISTRICT OF CALIFORNIA 6 7 JIAJIE ZHU, Case No. 19-cv-02534-JSW

8 Plaintiff, ORDER RESOLVING MOTIONS IN 9 v. LIMINE

10 JING LI, et al., Re: Dkt. Nos. 143, 144 Defendants. 11

12 13 On October 3, 2022, the parties appeared before the Court for a pretrial conference. The 14 Court set a further pretrial conference for February 6, 2023 and permitted the parties to file 15 additional motions in limine on certain issues raised at the initial pretrial conference. (See Dkt. 16 No. 138.) Now before the Court for consideration are (1) Plaintiff’s second motion in limine to 17 exclude the rebuttal report and testimony of Defendants’ expert Edward Schenkein; and (2) 18 Defendants’ first motion in limine to preclude Plaintiff from calling counsel Yi Yao to testify. For 19 the following reasons, the Court GRANTS Plaintiff’s second motion in limine and DENIES 20 Defendant’s first motion in limine. 21 A. Plaintiff’s Motion to Exclude Defendants’ Rebuttal Expert. (Dkt. No. 143) 22 Plaintiff moves to exclude the report and testimony of Defendant’s expert Edward 23 Schenkein. (Dkt. No. 143.) Plaintiff argues that Schenkein’s report and testimony is inadmissible 24 under Daubert and Rule 702 on the basis that he is not a valuation expert and because his 25 conclusions lack factual support. 26 In determining whether expert testimony is admissible under Federal Rule of Evidence 27 702, the district court is charged with performing “a preliminary assessment of whether the 1 reasoning or methodology properly can be applied to the facts in issue.” Daubert v. Merrell Dow 2 Pharms., Inc., 509 U.S. 579, 592-93 (1993). In Daubert, the Supreme Court listed factors that a 3 court may consider in determining whether expert testimony is sufficiently reliable to be admitted 4 into evidence, including: 5 (1) whether the scientific theory or technique can be (and has been) tested, (2) whether the theory or technique has been subjected to peer 6 review and publication, (3) whether there is a known or potential error rate, and (4) whether the theory or technique is generally accepted in 7 the relevant scientific community. 8 Mukhtar v. Cal. State Univ., 299 F.3d 1053, 1064 (9th Cir. 2002). These factors are not 9 exhaustive. Indeed, in Kumho Tire Co., Ltd. v. Carmichael, 526 U.S. 137, 119 (1999), the 10 Supreme Court emphasized that “whether Daubert’s specific factors are, or are not, reasonable 11 measures of reliability in a particular case is a matter that the law grants the trial judge broad 12 latitude to determine.” Id. at 153; see also United States v. Alatorre, 222 F.3d 1098, 1101 (9th 13 Cir. 2000) (stating that “ ‘the test of reliability is “flexible,” and Daubert’s list of specific factors 14 neither necessarily nor exclusively applies to all experts or in every case[;] [r]ather, the law grants 15 a district court the same broad latitude when it decides how to determine reliability as it enjoys in 16 respect to its ultimate reliability determination’”—“‘the gatekeeping inquiry must be tied to the 17 facts of a particular case’”). The focus of the court’s inquiry “must be solely on principles and 18 methodology, not on the conclusions that they generate.” Daubert, 509 U.S. at 594-95. 19 Schenkein was designated to provide a report to rebut the report prepared by Plaintiff’s 20 expert, Carl Saba. In his rebuttal report, Schenkein opined the fair market value of Teetex as of 21 December 31, 2015 was $1,080,000.00 and that Zhu’s 70% interest in Teetex was $756,100.00. 22 Mr. Schenkein’s three-page report is based on the First Amended complaint, the reply declaration 23 of Tony Chen, and Plaintiff’s expert report by Carl Saba. Shenkein also states he “received 24 financial information related to Teetex, the correspondence between the owners and related 25 parties, etc.”). (Dkt. 147.) Following the Court’s order granting Plaintiff’s first motion in limine, 26 which excluded evidence of the alternative membership structure of Teetex, Defendant redacted 27 the rebuttal report to exclude references to that information. 1 M&A Transaction Advisory Services practice groups at an accounting and consulting firm. (Dkt. 2 147-1, Soloway Decl., Ex. 1.)1 He represents that he has experience in litigation consulting, 3 including in business and intellectual property valuation. (Id.) Schenkein has provided expert 4 testimony in two proceedings. (Dkt. 143-1.) Although the information regarding Schenkein’s 5 qualifications are sparse, he appears to have educational and experiential qualifications in the 6 general field related to the subject matter of the issue in question, and the Court will not exclude 7 his testimony on this basis. 8 While the Court will not exclude Schenkein’s report on the basis of his qualification, the 9 Court finds Plaintiff’s arguments regarding reliability and lack of foundation persuasive. 10 Schenkein’s report does not provide sufficient factual foundations for his conclusions regarding 11 the valuation of Teetex and Zhu’s ownership interest. Indeed, the report contains no statement of 12 the relevant facts on which his report is based. Moreover, Schenkein does not explain the 13 valuation methods he considered nor does he state the valuation method he used in his analysis. 14 Schenkein states that “for valuation purposes,” he has made adjustments to the net income and 15 “certain expenses to market rate, etc.,” but he does not explain how he determined these 16 adjustments were appropriate or why these adjustments were made. Similarly, he does not explain 17 why he considered only certain information in calculating compensation and benefits adjustments 18 or how the amounts used to adjust compensation and benefits were determined. The same is true 19 of the thirty-percent marketability discount Schenkein applies to the fair market value of Teetex. 20 He does not explain why this discount is applied or how it was calculated, and he provides 21 inconsistent information regarding the typical range of the marketability discount. Schenkein’s 22 report lacks any industry or comparative analysis. Thus, contrary to Defendants’ position, this is a 23 reliability issue, not a credibility issue. 24 The Court concludes the report is based on an unreliable foundation and methodology 25 because Schenkein fails to explain the bases for his conclusions or provide the methodology he 26 27 1 used. Accordingly, his report and testimony must be excluded under Daubert.2 See Plush Lounge 2 Las Vegas LLC v. Hotspur Resorts Nevada Inc., 371 F. App’x 719, 720–21 (9th Cir. 2010) 3 (district court did not abuse its discretion in striking portions of expert declarations that lacked 4 underlying factual support and did not provide an explanation of the methodology used); see also 5 Snyder v. Bank of Am., N.A., No. 15-cv-04228-KAW, 2020 WL 6462400, at *6 (N.D. Cal. Nov. 3, 6 2020) (excluding expert testimony under Daubert where opinion was unsupported and based on 7 information never reviewed by the expert); Davis v. Carroll, 937 F. Supp. 2d 390, 418 (S.D.N.Y. 8 2013) (“Where an appraisal or other expert testimony rests on inadequate factual foundations, 9 problematic assumptions, or a misleadingly partial selection of relevant facts, it must be excluded 10 under Rule 702.”); Powell v. Anheuser-Bush, Inc., CV 09-729-JFW (VBKx), 2012 WL 12953439, 11 at *7 (C.D. Cal. Sept.

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Related

Daubert v. Merrell Dow Pharmaceuticals, Inc.
509 U.S. 579 (Supreme Court, 1993)
Kumho Tire Co. v. Carmichael
526 U.S. 137 (Supreme Court, 1999)
United States v. Frank G. Prantil
764 F.2d 548 (Ninth Circuit, 1985)
United States v. Jorge Alberto Alatorre
222 F.3d 1098 (Ninth Circuit, 2000)
Plush Lounge Las Vegas LLC v. Hotspur Resorts Nevada Inc.
371 F. App'x 719 (Ninth Circuit, 2010)
Davis v. Carroll
937 F. Supp. 2d 390 (S.D. New York, 2013)
United States v. Lorenzo
995 F.2d 1448 (Ninth Circuit, 1993)

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