Lack of Cash Flow Projections Compels Use of DCCF
In statutory appraisal action, Chancery agrees with experts that lack of management cash flow projections precludes use of DCF analysis, and adopts DCCF method resolving valuation disputes related to experts’ inputs and calculations.
Laidler v. Hesco Bastion Environmental, Inc.
In statutory appraisal action, Chancery agrees with experts that lack of management cash flow projections precludes use of DCF analysis, and adopts DCCF method resolving valuation disputes related to experts’ inputs and calculations.
Baldwin v. Bader (II)
U.S. Court in Maine excludes expert testimony because, despite his extensive experience and effort, he did not have specific experience valuing personal guarantees.
Baldwin v. Bader (I)
Critical errors, shaky methodology, are key to expert's undo in valuing corporate guaranties.
Eihusen v. Eihusen
At issue is whether or not husband's ownership of stock in Chief Industries, Inc. should be considered a marital asset.
No record of proceedings requires reversal
The underlying issue in this marital dissolution was whether stock of Chief Industries, part of which husband owned prior to the marriage and which had appreciated in value during the marriage, was marital property.
Wallace v. Wallace
Issue was the value and disposition of the parties' stock in a closely held corporation, including the proper valuation date.
Estate of Huntsman v. Commissioner
Issue is fair market value of the decedent's stock, including how certain life insurance proceeds payable to corporations are to be taken into consideration.