Rubin v. Bedford

BVLaw
Full Text of Court Cases
December 24, 2015
2092 Prepared Fresh or Frozen Fish and Seafoods
311710 Seafood Product Preparation and Packaging
shareholder dissent/oppression
expert testimony, mergers and acquisitions (M&A), dissenting shareholder, minority shareholder, controlling shareholder, fairness opinion, earnings before interest, taxes, depreciation, amortization (EBITDA), debt, comparable companies method, going private

Rubin v. Bedford
2015 Ill. App. Unpub. LEXIS 2919
US
State Court
Illinois
Appellate Court
Raphael Puga (plaintiffs); Gilbert Matthews, Dr. Elizabeth Eccher (defendants)
McBride

Summary

Appeals court affirms soundness of going private merger; court says plaintiffs failed to point to better offer and their expert lacked formal accounting, economics, and valuation training and displayed a light grasp of issues related to company’s value.
Rubin v. Bedford
PDF, Size: 113 KB

See Also

Expert’s Poor Grasp of Valuation Issues Undercuts Shareholder Suit

Appeals court affirms soundness of going private merger; court says plaintiffs failed to point to better offer and their expert lacked formal accounting, economics, and valuation training and displayed a light grasp of issues related to company’s value.