Delaware Chancery Encourages Experts to Use More Than One Valuation Method

Business Valuation UpdateVol. 16 No. 12
Legal and Court Case Update
December 2010
5023 Home Furnishings
423220 Home Furnishing Merchant Wholesalers
dissenting shareholder

In re Hanover Direct, Inc. Shareholder’s Litigation
Consol. C.A. No. 1969-CC, letter op.
September 24, 2010
US
State Court
Delaware
Court of Chancery
Bruce L. Silverstein, Elena C. Norman, James M. Yoch, Jessica Zeldin, Lisa Zwally Brown, R. Montgomery Donaldson, Tammy L. Mercer
David Clarke (respondents)
Chandler

Summary

Delaware Chancery court finds “battle of the experts” is entirely one-sided, based on petitioner’s expert using only one valuation method, “fraught with error.”

See Also

In re Hanover Direct, Inc. Shareholder’s Litigation

Delaware Chancery court finds “battle of the experts” is entirely one-sided, based on petitioner’s expert using only one valuation method, “fraught with error.”