235 F. Supp. 2d 1216 - Cutsforth v. Renschler’s Empirical Analysis
2002
Citation profile
3 district ·
Relationships
Applies 28 U.S.C. § 636
Relies on Conley v. Gibson · Basic Inc. v. Levinson · TSC Industries, Inc. v. Northway, Inc. · Santa Fe Industries, Inc. v. Green · Nogueras v. Puerto Rico International Airlines, Inc.
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 18 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“Step One: Review long-lived assets for impairment whenever events or changes in circumstances (i.e., a trigger) indicate that the carrying amount of an asset may not be recoverable. Step Two: Estimate the future cash flows expected to result from the use of the asset and its eventual disposition (undiscounted and without interest charges). Impairment loss is to be recognized if this amount is less than the carrying amount of the asset. Step Three: Measure the amount of the impairment loss as the amount by which the carrying amount of the asset exceeds its fair value (determining fair value on the basis of market price, or, in the absence of a market price, on the basis of such measures as discounted future cash flows).”
1 later decision quote this exact passage · from the majority
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.