Chancery Trusts DCF to Home In on Common Stock Value

Business Valuation UpdateVol. 19 No. 11
Legal and Court Case Update
November 2013
7371 Computer Programming Services
541511 Custom Computer Programming Services
breach of fiduciary duty
fair value, securities, discounted cash flow (DCF), liquidation, merger, comparable transactions method, comparable companies method

In re Trados Inc.
2013 Del. Ch. LEXIS 207
August 16, 2013
US
State Court
Delaware
Court of Chancery
William Becklean (plaintiff); Greg A. Jarrell (defendants)
Laster

Summary

Court of Chancery finds the defendant directors proved “entire fairness” despite a management incentive plan and large liquidation preference that rendered the sales process unfair to common stockholders and left them with no proceeds; defendant expert’s ...

See Also

In re Trados Inc.

Court of Chancery finds the defendant directors proved “entire fairness” despite a management incentive plan and large liquidation preference that rendered the sales process unfair to common stockholders and left them with no proceeds; defendant expert’s ...