Summary
In buyout dispute, court rejects departing shareholder’s valuation based on income and market approach, where DCF model relied on company projections used for a bank loan that were never realized and, based on evidence, were “not accurate”; court says market approach used “incorrect comparables.”
Magarik v Kraus (Signed Order 10 April 2020)
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Kraus PT Post Trial Memo - 26 Sept 2019
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Kraus RPD Post Trial Memo of Law - 26 Sept 2019
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See Also
Court Discredits Valuation Based on Unrealistic Projections and Incorrect Comparables
In buyout dispute, court rejects departing shareholder’s valuation based on income and market approach, where DCF model relied on company projections used for a bank loan that were never realized and, based on evidence, were “not accurate”; court says market approach used “incorrect comparables.”