Impact of Contractual Rights on Preferred Stock Valuations in Delaware
The rights and the value of preferred stock have been the subject of several Delaware court decisions. These decisions are particularly significant for understanding the importance of contractual rights as the defining attribute affecting the valuation of preferred stock. Directors' fiduciary duties are primarily to common shareholders, while obligations to preferred shareholders are primarily contractual. Preferred stocks' contractual rights, as interpreted in these decisions, directly affects the value of the preferred and the common. When ...
Shareholder Dissent: Current Issues
This paper outlines recent developments and trends in Canadian and United States case law afecting the determination of “fair value” and other related issues with respect to shareholders who exercise their rights to dissent under the appraisal-remedy prov ...
Recent Developments in Delaware Valuation Cases
This article discusses current developments in Delaware case law as they relate to valuation. It reviews all relevant Delaware Supreme Court decisions since 2017 and all relevant Court of Chancery decisions since 2019. We discuss the emphasis being placed by the Delaware courts on using discounted cash flow for valuations in related party transactions, as well as the substantial reliance on transaction price as the valuation measure in arm's-length transactions that have a satisfactory negotiation ...
ASA_BVReview_Spring17
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Download the Spring 2017 issue of the Business Valuation Review that includes articles on petroleum property income and market valuation approaches, a primer on bargain purchases and negative goodwill, and much more.
Case Law Update: The Latest in Lost Profits and Motions to Exclude Experts
Throughout BVR's Online Symposium on Litigation & Economic Damages, expert appraisers and attorneys have discussed the methodology by which lost profits claims are calculated, argued, and tried. At the same time, courts, appellate courts, and arbiters have been weighing in on the admissibility, reliability, and accuracy of these same techniques in their continuing development of case law and judicial precedent. In this, the 13th and final installment of BVR's Symposium, curators Nancy Fannon and Jonathan Dunitz ...
BV Quarterly Compilation 3Q2020 - SAMPLE
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S A M P L E C O N T E N T BVR’s Content License 3Q 2020 S A M P L E C O N T E N T Thank you for subscribing to BVR’s Content License. Through this quarterly service, we are pleased to provide you with original and insightful articles from Business Valuation Update, BVLaw, BVWire, BVR blogs, and Economic Outlook Update. You can easily re-publish the content in a variety of ways— populate your website, publish an eNewsletter, and even generate material for your firm’s intranet. The Content License is simple to manage on your end, and you are free to use the BVR ...
Economic-Damages-2018-Excerpt
Book Excerpts
The Comprehensive Guide to Economic Damages, Fifth Edition edited by NancyJ. Fannon and Jonathan Dunitz, bridges the gap between the economics in damages cases and what the courts say about the calculations and evidentiary requirements.
Fairness Opinions: Best Practices + BVR Gives First Look at New Research Tool
Get more than your fair share in this doubleheader event. Part 1 brings you a three-expert lineup who are well practiced in the art of fairness opinions. Valuation experts Craig Jacobson and Richard Peil are joined by attorney Jeffrey Rothschild. This all-star trio fully covers what you need to know about fairness opinions. Whether you are a rookie wanting to learn the steps for performing a fairness opinion, or a seasoned professional looking to get ...
Select Court Opinions from BVLaw
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See select court opinions from the BVLaw database including Adams v. Commissioner, Estate of Andrews v. Commissioner, Bardahl Manufacturing Corp. v. Commissioner, and many more.