Expert’s Poor Grasp of Valuation Issues Undercuts Shareholder Suit
Appeals court affirms soundness of going private merger; court says plaintiffs failed to point to better offer and their expert lacked formal accounting, economics, and valuation training and displayed a light grasp of issues related to company’s value.
Rubin v. Bedford
Appeals court affirms soundness of going private merger; court says plaintiffs failed to point to better offer and their expert lacked formal accounting, economics, and valuation training and displayed a light grasp of issues related to company’s value.
Glenn Ishee v. The Peoples Bank
The Mississippi Court of Appeals affirmed the lower court's decision denying Ishee recovery of lost profits stemming from a breach of lease agreement.
Lost Profits Award Based on Alleged Profits of Bankrupt Predecessor Rejected
The Mississippi Court of Appeals affirmed the lower court's decision denying Ishee recovery of lost profits stemming from a breach of lease agreement.