WaveDivision Holdings, Inc. v. Millennium Digital Media Systems, LLC

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September 17, 2010

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WaveDivision Holdings, Inc. v. Millennium Digital Media Systems, LLC
2010 WL 3706624 (Del. Ch.)
US
State Court
Delaware
Court of Chancery
Amanda M.Winfree, Daniel Goldman, Don PaulBadgley, Gary F.Traynor, Kevin P.Broughel, Mor Wetzler, Randall Johnson, Richard L.Renck, Tanya E.Pino
Neil Beaton (plaintiffs); Robert Ott (defendants)
Strine

Summary

Delaware Chancery Court applies a multiple of EBITDA analysis in assessing breach of contract expectancy damages, expressly rejecting DCF approach and fair market value.
WaveDivision Holdings, Inc. v. Millennium Digital Media Systems, LLC
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See Also

Delaware Chancery Rejects DCF in Breach of Contract/Damages Litigation

Legal and Court Case Update
December 2010

Delaware Chancery Court applies a multiple of EBITDA analysis in assessing breach of contract expectancy damages, expressly rejecting DCF approach and fair market value.

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