FVC1905. Lessons Appraisers Need to Know from Recent Delaware Valuation Cases

Area of Expertise: 
The Self Starter
The Experienced Pro
The Trusted Leader
Field of Study: 
Accounting
CPE Credit: 
1.5
Knowledge Level: 
Overview
Advanced Preparation: 
None

Monday, November 4, 2019
 
2:35PM-3:50PM

In the past four years, the Delaware Supreme Court has issued several major opinions that addressed transaction-related corporate valuations. The presentation will discuss these opinions, as well as numerous valuation-related Court of Chancery in the same period. It will contrast the Delaware courts’ views on arm’s-length transactions vs. related party transactions and will discuss the impact of those view on statutory appraisals. It will also discuss the courts’ views on valuation methods, with a focus on inputs into DCF calculations.
Learning Objectives:

  1. Help valuators understand the impact of Delaware law on valuations and fairness opinions
  2. Assist valuators in preparing for expert testimony


SESSION SPEAKER(S)

CFA
Chairman Emeritus | Sutter Securities, Inc.