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.
Estate of Webster E. Kelley v. CIR
The U.S. Tax Court determined the appropriate lack of marketability and minority interest discounts to apply to an interest in a family limited liability partnership holding cash and certificates of deposit. The minority discount was based on the arithme ...
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.