New Cases Added to Our 2019 Solvency Compendium

In re Tribune Company Fraudulent Conveyance Litigation (April 2019) ----- U.S. DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK RULED THAT PAYMENTS IN A LEVERAGED BUYOUT TO THOUSANDS OF SHAREHOLDERS ARE PROTECTED BY SAFE HARBOR BECAUSE HAVING A TRADITIONAL FINANCIAL INSTITUTION AS AN INTERMEDIARY IN THE TRANSACTION CAN QUALIFY…
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New Cases Added to Our 2019 Fairness Compendium

Case #1: Verition Partners Master Fund Ltd. v. Aruba Networks, Inc. (April 2019) THE SUPREME COURT OF DELAWARE REJECTED THE CHANCERY COURT’S DEPENDENCE ON THE 30-DAY AVERAGE UNAFFECTED STOCK PRICE IN DETERMINING FAIR VALUE AND ENDORSED DEAL-PRICE-MINUS-SYNERGIES AS THE FOUNDATIONAL METHOD IN DETERMINING FAIR VALUE OF ARUBA’S STOCK. ------- A…
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Value this! Hot Topics in Valuation for RIAs

Did you miss our 60 - minute webinar this week on Hot Topics in Valuation for RIAs? Key topics discussed: Overview of the SEC's valuation requirements The SEC's recent deep dive into RIA's valuation methodology and actual practices Urgent valuation implications in connection with the SEC's new liquidity rule Recent…
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