Perpetual Warrants Give Rise to Damages Via Merger

Business Valuation UpdateVol. 10 No. 10
Legal and Court Case Update
October 2004
6211 Security Brokers, Dealers, and Flotation Companies
523910 Miscellaneous Intermediation
economic damages & lost profits

R.A. Mackie & Co. v. PetroCorp
2004 U.S. Dist. LEXIS 15690
August 9, 2004
US
Federal Court
New York
United States District Court
Robert A. Mackie (for himself)<br>Gregory Morris, CPA Ernst & Young LLP (for Mackie)
Koeltl

Summary

The valuation issue in this case focused on the damages caused by defendant’s disregard for the contracted “perpetual” term for warrants owned by plaintiff.

See Also

R.A. Mackie & Co. v. PetroCorp

At issue in this case was the value of warrants.