New Hampshire Supreme Court Affirms in Part and Vacates in Part and Remands Divorce Trial Court—Husband Fails to Provide Support for Expenses

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

In re Hebert, 2024 The New Hampshire Supreme Court, in this divorce case appeal, vacated the trial court’s property division and alimony awards but affirmed the trial court’s findings regarding the value of the husband’s business, Microelectrodes Inc., the value of...

Bankruptcy Court Decides on Debtor Qualification as a ‘Small Business’ Under Chapter 11

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

In re Hillman, 2023 In this bankruptcy, ULM challenged the filing by the debtor, Michelle Corbin Hillman, that  “the Debtor is ineligible to elect to proceed with her case under Subchapter V of Chapter 11  … because she is not a ‘person engaged in commercial or...

U.S. Appellate Court Affirms Witness’s Exclusion Under Rule 702—Cites New Rule 702 but Follows Abrogated Precedent Instead

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

Rodriguez v. Hosp. San Cristobal, Inc., 2024 (Editor’s note: This is the first reported appellate decision to cite the new Rule 702 amendments effective Dec. 1, 2023. While the appellate court noted the changes, it also cited outdated but familiar precedents. For a...

Delaware Supreme Court Upholds ‘Entire Fairness’ of a Tesla Acquisition

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

In re Tesla Motors Stockholder Litig., 2023 This was an appeal of an April 2022 Chancery Court opinion. At issue was the 2016 stock  acquisition of SolarCity Corp. by Tesla Inc. Tesla’s shareholders claimed that Elon Musk  caused Tesla to overpay for SolarCity through...

Illinois Appellate Court Affirms Valuation of Marital Business

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

In re Rozdolsky, 2024 In this complex Illinois divorce case, the appellate court wrestled with nine items of appeal from the husband. Included was an appeal by the husband of the value the trial court determined of the husband’s business, Harbortown Industries Inc....

Bankruptcy Appellate Panel Denies Employee Members of ESOP Claims Against Debtors

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

Bennetti v. Oxford Restructuring Advisors LLC 2023 The Bankruptcy Court did not err in disallowing claims against debtors based on rights in an  ESOP. The ESOP, an S corporation, was only obligated to provide ESOP members with the  right to have distributions in cash....