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Entries tagged "American Appraisal Associates Inc."

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Guy Hands' request regarding EMI denied

A British court has rejected a call by the Terra Firma chairman for an explanation of why EMI was taken out of his hands by Citigroup and insolvency administrators PricewaterhouseCoopers Continue reading

Posted on January 11, 2012 2:59 PM






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Movers & Shakers

Launch Movers and shakers slideshow

SunRun may take a lap around the IPO market with Robert Komin Jr. as its new CFO. For other updates launch today's Movers & shakers slideshow.

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David Marcus and Bill Lafferty discuss the C&J Energy case

Last year, C&J Energy Services Inc. agreed to combine with a unit of Nabors Industries Ltd. in an inversion transaction that left Nabors shareholders with a slight majority of the combined entity though C&J effectively controlled it. C&J shareholders sued to challenge, and the Delaware Court of Chancery enjoined the deal. The companies appealed won a reversal in the state's Supreme Court. Bill Lafferty, a partner at Morris, Nichols, Arsht & Tunnell LLP in Wilmington who advised Nabors, says that the key lesson of Chief Justice Leo E. Strine Jr.'s opinion is that the Delaware courts will defer to a single-bidder auction process and allow an independent board to rely on a post-signing market check. More video

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