Busy Bee Inc. v. Corestates Bank N.A.

NEALON, J,

— The defendant Bank in this lender liability action has filed a Frye motion pursuant to Pa.R.C.P. 207.1, challenging the methodology used by the borrowers’ damages experts to compute the financial losses allegedly caused by the Bank’s wrongful conduct. Based upon the evidence presented during the Frye hearings, the business valuation approaches utilized by the borrowers’ experts do not involve novel mathematical principles and, to the contrary, are generally accepted methods in the business valuation field. Therefore, for the reasons set forth below, the Bank’s motion to exclude…