15 / June 2010
Key cases lawyers need to know on the “discount rate”
Most lawyers underestimate the impact the discount rate can have on determining the value of a company for family, tax, securities, corporate, bankruptcy, ESOP, damages/lost profits, and other legal matters.
We checked BVLaw and found two very recent bankruptcy cases to add to other precedential decisions, for a total of 13 “must read” cases for attorneys and their financial experts.
The cases are:
- Energy Capital Corp. v. United States, 302 F.2d 1314 (Fed. Cir. 2002) Reminder: This case is currently available as a free download.
- Franconia Associates. v. United States, 61 Fed. Cl. 718 (2004)
- AlphaMed Pharmaceuticals, Inc. v. Arriva Pharmaceuticals, Inc., 432 F. Supp. 2d 1319 (S.D. Fla. 2006)
- In re Magna Cum Latte, Inc., 2008 WL 2047937 (Bankr. 2008)
- Miller Bros. Coal v. Consol of Kentucky, Inc., 2009 WL 4904032 (Bkrtcy. E.D. Ky.)
- Munters Corp. v. Swissco-Young Industries, Inc., 100 S.W.3d 292 (Tex. App. 2003)
- Kool, Mann, Coffee & Co. v. Coffey, 300 F.3d 340 (3d Cir. 2002)
- Diesel Machinery, Inc. v. B.R. Lee Industries, Inc., 418 F.3d 820 (8th Cir. 2005)
- Fairmont Supply Co. v. Hooks Industrial, Inc., 177 S.W.3d 629 (Tex. App. 2005)
- Olson v. Nieman's, Ltd., 579 N.W.2d 299 (Iowa 1998)
- Knox v. Taylor, 992 S.W.2d 40 (Tex. App. 1999)
- Burger King Corp. v. Barnes, 1 F. Supp.2d 1367 (S.D. Fla. 1998)
- American List Corp. v. U.S. News and World Report, 75 N.Y.2d 38 (1989)