Lack of Cash Flow Projections Compels Use of DCCF

Business Valuation UpdateVol. 20 No. 7
Legal and Court Case Update
July 2014
3441 Fabricated Structural Metal
332312 Fabricated Structural Metal Manufacturing
shareholder dissent/oppression

Laidler v. Hesco Bastion Environmental, Inc.
2014 Del. Ch. LEXIS 75
May 12, 2014
US
State Court
Delaware
Court of Chancery
Thomas Frazee (petitioner); Curtis Kimball (respondent)
Glasscock

Summary

In statutory appraisal action, Chancery agrees with experts that lack of management cash flow projections precludes use of DCF analysis, and adopts DCCF method resolving valuation disputes related to experts’ inputs and calculations.

See Also

Laidler v. Hesco Bastion Environmental, Inc.

In statutory appraisal action, Chancery agrees with experts that lack of management cash flow projections precludes use of DCF analysis, and adopts DCCF method resolving valuation disputes related to experts’ inputs and calculations.