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Deal Price Prevails in Yet Another Delaware Statutory Appraisal Ruling

Deal Price Prevails in Yet Another Delaware Statutory Appraisal Ruling

by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations

Stillwater Mining Co. Nine days after his ruling in Columbia Pipeline, Vice Chancellor Laster again found the deal price was the most reliable indicator of fair value in a statutory appraisal case involving a publicly traded mining company. The Court of Chancery’s...
Unadjusted Deal Price Best Represents Fair Value, Court of Chancery Says

Unadjusted Deal Price Best Represents Fair Value, Court of Chancery Says

by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations

In re Appraisal of Columbia Pipeline Grp., Inc. In a statutory appraisal case featuring a publicly traded company, the Court of Chancery, after an exhaustive evaluation of the sale process, found the deal price was the best evidence of fair value. It said neither side...
Court Says Corrected DCF Still Supports Original Fair Value Determination

Court Says Corrected DCF Still Supports Original Fair Value Determination

by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations

In re Appraisal of Jarden Corp. The Delaware Court of Chancery’s recent decision to use the unaffected market price as fair value prompted the petitioners to file a motion for reargument. In its original opinion, the court, as part of its comprehensive analysis,...
Nonowner Spouse Obtains Discovery of Valuation-Related Info from Owner Spouse’s Medical Practice

Nonowner Spouse Obtains Discovery of Valuation-Related Info from Owner Spouse’s Medical Practice

by Royer Advisors | Dec 11, 2024 | Court Rulings, Divorce Litigation, Valuations

Hall v. Hall A Florida divorce case prompted an important discovery ruling from the appellate court as to a nonowner spouse’s right to access documents and information regarding the owner spouse’s interest in a large medical practice. The wife was one of 75 owners in...
Appreciation in Liquor Company’s Value Represents Marital Property, Appeals Court Finds

Appreciation in Liquor Company’s Value Represents Marital Property, Appeals Court Finds

by Royer Advisors | Dec 11, 2024 | Court Rulings, Divorce Litigation

Lucchesi v. Lucchesi In divorce cases, appreciation of separate property is one of the most complex issues whose analysis can be challenging for attorneys and valuators. A recent Tennessee appeals court decision is noteworthy for explaining the framework courts in...
High Court Approves of Trial Court’s Rejection of Discounts in Fair Value Determination

High Court Approves of Trial Court’s Rejection of Discounts in Fair Value Determination

by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations

Puklich v. Puklich A buyout dispute between siblings who owned several businesses generated a noteworthy decision from the North Dakota Supreme Court on the use of valuation discounts. Reviewing the applicable case law, the high court found the trial court, in...
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