AmBase Corp. v. United States

BVLaw
Full Text of Court Cases
August 31, 2011
6036 Savings institutions, Not Federally Chartered
winstar

AmBase Corp. v. United States
2011 WL 3891942 (Fed. Cl.)
US
Federal Court
United States Court of Federal Claims
Charles Calomiris (plaintiffs); Anthony Saunders and Roy Smith (defendant)
Smith

Summary

Federal Court of Claims accepts market value approach to valuing failed thrift in Winstar case, and rejects Gordon Growth model for failing to account for bank’s unstable earnings and its alternative investment opportunities in a “non-breach” world.
AmBase Corp. v. United States
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See Also

Market Value Approach Better Than Gordon Growth for Failed Bank

Federal Court of Claims accepts market value approach to valuing failed thrift in Winstar case and rejects Gordon growth model for failing to account for bank’s unstable earnings and its alternative investment opportunities in a “non-breach” world.