Delaware Chancery Adopts ‘Unfamiliar’ Valuation Methodology

Laidler v. Hesco Bastion Environmental, Inc., 2014 Del. Ch. LEXIS 75 (May 12, 2014)
The Delaware Court of Chancery regularly uses the discounted cash flow (DCF) method in statutory appraisal actions, but in a recent case that was not feasible. The case involved a group of related companies that operated in the flood barrier industry.