Expert Uses Irrelevant Basis of Comparison and Sabotages Valuation

Business Valuation UpdateVol. 19 No. 5
Legal and Court Case Update
May 2013
5049 Professional Equipment and Supplies, NEC
423490 Other Professional Equipment and Supplies Merchant Wholesalers

Edgewater Growth Capital Partners, L.P. v. H.I.G. Capital, Inc.
2013 Del. Ch. LEXIS 54
February 28, 2013
US
State Court
Delaware
Court of Chancery
Roy D’Souza (plaintiffs); David Clarke (defendants)
Strine

Summary

Delaware Court of Chancery decides foreclosure sale of company to debt purchaser’s affiliate is commercially reasonable as to process and price under the UCC; plaintiff expert’s DCF analysis used “stale” and “unrealistic” data and his guideline company an ...

See Also

Edgewater Growth Capital Partners, L.P. v. H.I.G. Capital, Inc.

Delaware Court of Chancery decides foreclosure sale of company to debt purchaser’s affiliate is commercially reasonable as to process and price under the UCC; plaintiff expert’s DCF analysis used “stale” and “unrealistic” data and his guideline company an ...