Pensioenfonds Metaal en Techniek v. Strategic DSRG, LLC

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February 3, 2012

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Pensioenfonds Metaal en Techniek v. Strategic DSRG, LLC
2012 U.S. Dist. App. LEXIS 13545
US
Federal Court
New York
United States District Court
unnamed
Sullivan

Summary

Court affirms NAV methodology used by board to determine “actual value” of REIT during the financial crisis for purposes of fulfilling put agreement, even though it depended on stale data regarding net operating income and capitalization rates.
Pensioenfonds Metaal en Techniek v. Strategic DSRG, LLC
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See Also

Determining NAV in Troubled Times: Did REIT Board Stumble?

Legal and Court Case Update
April 2012

Court affirms NAV methodology used by board to determine “actual value” of REIT during the financial crisis for purposes of fulfilling put agreement, even though it depended on stale data regarding net operating income and capitalization rates.