Delaware Chancery Rejects DCF in Breach of Contract/Damages Litigation

Business Valuation UpdateVol. 16 No. 12
Legal and Court Case Update
December 2010

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (1,506 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
4841 Cable and Other Pay Television Services
515210 Cable and Other Subscription Programming
contract
WaveDivision Holdings, Inc. v. Millennium Digital Media Systems, LLC
2010 WL 3706624 (Del. Ch.)
September 17, 2010
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.

See Also

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

Full Text of Court Cases
September 17, 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.