Lost Value of Failed Bank Turns on Expert Evidence of Market Cap and Control

Business Valuation UpdateVol. 15 No. 12
Legal and Court Case Update
December 2009
6211 Security Brokers, Dealers, and Flotation Companies
523110 Investment Banking and Securities Dealing
contract

Slattery v. U.S.
2009 WL 3082360 (C. A. Fed.)
September 29, 2009
US
Federal Court
Federal Circuit
United States Court of Appeals
Bradley P Smith, Eric W Bloom, F Jefferson Hughes, Jeanne E Davidson, Jennifer L Murray, Kenneth M Dintzer, Michael W Hertz, Peter Kryn Dykema, Richard J Urowsky, Thomas M Buchanan, William G Kanellis
Dr. John Flattery (plaintiff bank); Dr. Goldstein (government/defendant)
Newman

Summary

U.S. Court of Appeals affirms Court of Claim’s award of $373 million for lost business value of troubled bank during savings and loan scandals, including a 50% control premium for lost enterprise/franchise value.

See Also

Slattery v. U.S.

U.S. Court of Appeals affirms Court of Claim’s award of $373 million for lost business value of troubled bank during savings and loan scandals, including a 50% control premium for lost enterprise/franchise value.