DE Chancery Favors Supply-Side ERP, Rejects Size Premium ‘Liquidity Adjustment’

Business Valuation UpdateVol. 18 No. 8
Legal and Court Case Update
August 2012
9223 Correctional Institutions
922140 Correctional Institutions
shareholder dissent/oppression

Gearreald v. Just Care Inc.
2012 Del. Ch. LEXIS 91
April 30, 2012
US
State Court
Delaware
Court of Chancery
Frank Torchio (petitioners); J.T. Atkins (respondents)
Parsons

Summary

Delaware Court of Chancery prefers supply-side equity risk premium over historical ERP in statutory appraisal action, but rejects “novel” liquidity adjustment to size premium.

See Also

Gearreald v. Just Care Inc.

Delaware Court of Chancery prefers supply-side equity risk premium over historical ERP in statutory appraisal action, but rejects “novel” liquidity adjustment to size premium.