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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...
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...
NAV Alone Fails to Capture Distributional Interest’s Fair Value

NAV Alone Fails to Capture Distributional Interest’s Fair Value

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

Schewe v. Schewe Farms In a family dispute featuring a farm business that owned real estate, the parties’ experts disagreed on an issue that was pivotal to how they would value the sellers’ distributional interest. The trial court resolved the valuation dispute by...
Court Explains Treatment of Undistributed Earnings in Valuing Law Firm Partnership Interest

Court Explains Treatment of Undistributed Earnings in Valuing Law Firm Partnership Interest

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

Burchfield v. Burchfield Among a host of issues, this Virginia divorce case, which included a prominent Washington, D.C., lawyer and his estranged wife, raised an important valuation question related to the husband’s partnership interest in the firm: Whether...
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Recent Posts

  • A New Maine Tax Law Could Reduce Your Federal Tax Bill — Here’s What You Need to Know
  • U.S. Supreme Court Affirms Inclusion of Corporate-Owned Life Insurance in Value of Company for Estate Tax Purposes
  • Massachusetts Appellate Court Finds Double and Maybe Triple Dipping and Reverses and Remands
  • Iowa Appellate Court Affirms Date of Value and Value of Farming Operation in Shareholder Oppression Suit
  • New York Appellate Court Affirms Award of 20% of Appreciation of Business During Marriage to Wife and Awards Maintenance to Wife

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