Hanson Trust PLC v. ML SCM Acquisition

BVLaw
Full Text of Court Cases
October 6, 2004
2816 Inorganic Pigments
325180 Other Basic Inorganic Chemical Manufacturing
breach of fiduciary duty
beta, discount rate, terminal value, capital asset pricing model (CAPM), fairness opinion

Hanson Trust PLC v. ML SCM Acquisition
781 F.2d 264
US
Federal Court
2nd Circuit
United States Court of Appeals
Pierce

Summary

At issue are breach of fiduciary duty by the board of SCM and whether the trial court should have considered the extensive evidence on whether the option prices were indeed "within the ...