24Aug
Chancery Values Non-Public Company with No Reliable Market-Based Data Using Discounted Cash Flow Analysis
Kruse v. Synapse Wireless, Inc., C.A. No. 12392-VCS (Del. Ch. July 14, 2020) - This case illustrates how appraisal works outside of the public market context when a lack of data hinders a reliable valuation. Here, stockholder William Richard Kruse (“Kruse”) sought appraisal of his shares of SynapseWireless, Inc. (“Synapse”), a privately-owned corporation. McWane Inc. (“McWane”) acquired Synapse in two rounds of investments: McWane, first, acquired a controlling interest in 2012, and, then,...
By:
Morris James LLP
Related
Q: An employee in my company has requested intermittent leave as an accommodation for what he claims...
Read More >
The Connecticut Fair Employment Practices Act (CFEPA”) protects employees from discrimination on th...
Read More >
Judge v. Shikellamy Sch. Dist., 905 F.3d 122 (3d Cir. 2018). When a public school district offers a...
Read More >
Troutman Sanders and Pepper Hamilton are producing a series of podcasts to discuss litigation topics...
Read More >
Under Oregon law, a contractor or subcontractor must file a construction lien within 75 days “after...
Read More >
As we reported just a few weeks ago, Congress has begun to gather information and consider the “fut...
Read More >