In re Southern Peru Copper Corp.

BVLaw
Full Text of Court Cases
October 14, 2011
1099 Miscellaneous Metal Ores, NEC
breach of fiduciary duty

In re Southern Peru Copper Corp.
2011 WL 4907799 (Del. Ch.)
US
State Court
Delaware
Court of Chancery
Daniel Beaulne (plaintiffs); Eduardo Schwartz (defendants)
Strine

Summary

Delaware Chancery finds merger process and price tainted by “relative” DCF valuations that obscured “real world” market values, and orders $1.3 billion in damages, based on its own calculation of DCF of acquired company.
In re Southern Peru Copper Corp.
PDF, Size: 339 KB

See Also

DE Chancery Questions ‘Relative’ Valuation by Goldman Sachs That ‘Obscured’ Market Facts

Delaware Chancery finds merger process and price tainted by “relative” DCF valuations that obscured “real world” market values, and orders $1.3 billion in damages, based on its own calculation of DCF of acquired company.