Reis v. Hazelett Strip-Casting Corp.

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Full Text of Court Cases
January 21, 2011
dissenting shareholder

Reis v. Hazelett Strip-Casting Corp.
2011 WL 303207 (Del. Ch.)
US
State Court
Delaware
Court of Chancery
Timothy Meinhart (plaintiff); Sheldrick, McGehee & Kohler LLC (defendants)
Laster

Summary

DE Chancery Court makes substantial normalizing adjustments to capitalization of earnings values from “dueling” experts to determine fair value for fractional interests created by company’s reverse stock split.
Reis v. Hazelett Strip-Casting Corp.
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See Also

Delaware Chancery Cobbles Capitalization of Earnings Value From Dueling Experts

Delaware Chancery Court makes substantial normalizing adjustments to capitalization of earnings values from “dueling” experts to determine fair value for fractional interests created by company’s reverse stock split.