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In re Salomon Analyst Level 3 Litigation

In this securities fraud case, a federal district court ruled that valuation models are opinions, not facts, and that, therefore, an appraiser does not have a duty to disclose others' valuation models in the appraiser's reports.

Burns v. Anderson

Anderson defaulted on the note, and Burns prepared to sell the stock pursuant to the pledge agreement.

Heyne v. Heyne

The issue in this marital dissolution was the value of Walnut Telephone Company stock owned by husband.

In re Emerging Communications, Inc. Shareholders Litigation

The court in this case placed a fair value of $38.05 per share on the stock of a company which was acquired in a two-step going private transaction at $10.25 per share based on a fairness opinion.

Management Projections and Cost of Capital Considered

The Delaware Court of Chancery considered the use of management projections and the use of WACC and CAPM in computing the cost of capital.

Functional similarity of products key to ad valorem valuation

This is a consolidated case involving, among others, Qwest, formerly known as U.S. West Communications.

Ericsson, Inc. v. Harris Corp.

The U.S. Court of Federal Appeals affirmed an award of lost profits for patent infringement and price erosion. It found that the award was established by testimony from a CPA who established the markets using sound economic evidence, even though it was ba ...

Lost Profits for Lost Sales and Price Erosion Considered

The U.S. Court of Federal Appeals affirmed an award of lost profits for patent infringement and price erosion. It found that the award was established by testimony from a CPA who established the markets using sound economic evidence, even though it was ba ...

Linda Salvin v. Ionex Telecommunications, Inc.

The California Court of Appeal, 2nd District, affirmed a lower court’s award of damages in this breach of contract to provide reliable voice mail service case.

Citizens Telecom v. Arizona Department of Revenue

Telecom company argues successfully that they are direct competitors using functionally equivalent technology and thus ADOR's market valuation of their class 3 property was discriminatory.

Bankruptcy Court Indicates Strong Preference for Market Approach, Price Per Subscriber Multiple

This trial court matter involves an adversarial proceeding in bankruptcy in which the liquidating trustee asserts that USN Communications,Inc.'s ("the debtor") purchase of Connecticut Telephone and Connecticut Mobilecom (CT Tel) stock from the Hatten sellers for $68 million was a fraudulent transfer.

Peltz v. Hatten

Adversarial proceeding in bankruptcy in which the liquidating trustee asserts fraudulent transfer of stock.

Decline in value due to less advertising affects choice of valuation date

In this marital dissolution case the husband appealed alleging that the trial court erred.

Nontransferable Personal Goodwill Excluded From Value

The issue in this case was whether the trial judge erred in valuing of the husband's business. The husband operated his own telecommunications business, Champion Resources. The wife had wo ...

Champion v. Champion

The issue in this case was whether the trial judge erred in valuing of the husband's business.

Mosley v. Mosley

Issues were valuation date, classification of the increase in the value of a family business as marital property, and award of interest to wife.

Mark Scully v. US WATS, Inc.

The U.S. Court of Appeals for the 3rd Circuit affirmed the district court’s determination of the value of stock options using the intrinsic value method in this breach of contract case.

Conversion Theory Rejected in Valuing Lost Stock Options

The U.S. Court of Appeals for the 3rd Circuit affirmed the district court’s determination of the value of stock options using the intrinsic value method in this breach of contract case.

Beaver County v. WilTel, Inc.

Issue was the proper method of valuing WilTel, Inc. for property tax purposes.

Lack of Entire Fairness Results in $8 Million Disgorgement

This combined appraisal and breach of fiduciary duty action arises out of a series of transactions that culminated in the merger of International Telecharge Inc. (ITI) and Long Distance Communications Inc.

Taxpayer Fails to Provide Evidence to Support Valuation Method Proposed

WilTel Inc. sought review of a Utah State Tax Commission decision that subjected the long distance company's property to a central tax assessment.

Liquidity Discount Inappropriate in Fair Value Case

The issue in this judicial appraisal action was the fair value of petitioners' 500,000 shares of WXL International Inc.

Bomarko v. International Telecharge

At issue in this fiduciary duty action case is the valuation of International Telecharge, a telephone service provider.

Borruso v. Communications Telesystems International

At issue is the fair value of the shares of common stock of WXL International, Inc. ("WXL"), a Delaware corporation, on the date on which WXL was merged with a with and into its parent corporation, Communications Telesystems International.

Court Concludes Fair Value Is 30 Times Price, Originally Offered Marketability Discount Inappropriate in Delaware Fair Value Case

The issue in this judicial appraisal action was the fair value of petitioners' 500,000 shares of WXL International Inc. (WXL).

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