Plastic and Resin Manufacturing
This U.S. industry comprises establishments primarily engaged in (1) manufacturing resins, plastics materials, and nonvulcanizable thermoplastic elastomers and mixing and blending resins on a custom basis and/or (2) manufacturing noncustomized synthetic resins.
Lyondell Chem. Co. v. Occidental Chem. Corp.
In hazardous waste litigation, appeals court says expert’s Monte Carlo-based analysis to allocate cleanup costs met Daubert requirements; method is reliable in general and EPA endorsed Monte Carlo as tool for environmental risk assessment, court says.
Insolvency Valuation Plays Key Role in Failed Million-Dollar Merger
Delaware Chancery Court finds buyer knowingly and intentionally breached merger agreement by seeking insolvency opinion to derail financing and avoid liquidated damages.
Hexion Specialty Chemicals, Inc. v. Huntsman Corp.
Delaware Chancery Court finds buyer knowingly and intentionally breached merger agreement by seeking insolvency opinion to derail financing and avoid liquidated damages.
Expert’s Testimony Is a Reasonable Yardstick to Find Lost Profits Reasonably Certain
The U.S. Court of Appeals for the 11th Circuit affirmed a jury’s award of lost profits in this breach of warranty/breach of contract case.
Nebula Glass International, Inc. v. Reichhold, Inc.
The U.S. Court of Appeals for the Eleventh Circuit affirmed a jury’s award of lost profits in this breach of warranty/breach of contract case.
In re Marriage of Bowen
The issue in this case was the valuation and equitable distribution of a spouse's minority stock interest in a closely held corporation.