Peltz v. Hatten

BVLaw
Full Text of Court Cases
June 5, 2002
4813 Telephone Communications, Except Radiotelephone
517911 Telecommunications Resellers
bankruptcy
bankruptcy, discount rate, income approach, discounted cash flow (DCF), market approach, fraudulent transfer, growth rate

Peltz v. Hatten
279 B.R. 710, 2002 U.S. Dist. LEXIS 10282
US
Federal Court
Delaware
United States District Court
Patrick Landry (for debtor) <br> Professor Colin Blaydon (for trustee) <br> Sharon Armbrust (for trustee) <br> Robert Ott (for trustee) <br> Keith Mallinson (for Hatten)
McKelvie

Summary

Adversarial proceeding in bankruptcy in which the liquidating trustee asserts fraudulent transfer of stock.

See Also

Bankruptcy Court Indicates Strong Preference for Market Approach, Price Per Subscriber Multiple

This trial court matter involves an adversarial proceeding in bankruptcy in which the liquidating trustee asserts that USN Communications,Inc.'s ("the debtor") purchase of Connecticut Telephone and Connecticut Mobilecom (CT Tel) stock from the Hatten sellers for $68 million was a fraudulent transfer.