by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
In re PetSmart, Inc. A statutory appraisal decision from the Delaware Court of Chancery offered a familiar valuation contest between the discounted cash flow analysis and the merger price. Shareholders opposed to the going-private merger of PetSmart claimed that their...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Brundle v. Wilmington Trust N.A. (Brundle II) Three months after ruling the ESOP trustee was liable for causing the plan to overpay, the court had a chance to revisit its decision in the context of the trustee’s motion for reconsideration. While the court admitted to...
by Royer Advisors | Dec 11, 2024 | Court Rulings
Do you know what constitutes pay discrimination in the eyes of the courts and regulators? As equal pay for men and women has become a hot-button issue in the business world due to the #MeToo movement and recent surveys documenting widespread pay disparity, you...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Amazon.com, Inc. v. Commissioner Amazon scored a win against the Internal Revenue Service in a transfer pricing case. The dispute was over the calculation of buy-in payments to compensate Amazon US for the transfer of a group of intangibles to the company’s European...
by Royer Advisors | Dec 11, 2024 | Court Rulings
Horizon Health Corp. v. Acadia Healthcare Co The Texas Supreme Court issued an important opinion on future lost profits that illustrates how a damages analysis that has some support in the evidence may still fail to meet the legal standard of “reasonable certainty.”...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Estate of Koons v. Commissioner (Koons II) The 11th Circuit Court of Appeals upheld a 2013 Tax Court ruling in an estate and generation-skipping tax case that centered on the fair market value of a revocable trust’s interest in an LLC. The crux of the valuation was...
