Do New York courts in fair value proceedings unfairly apply a marketability discount at the shareholder level? The author of a recently published article thinks so, as you’ll learn in this week’s New York Business Divorce.
Continue Reading The DLOM Debate Heats Up
The Marketability Discount in Fair Value Proceedings: An Emperor Without Clothes?
By Peter A. Mahler on
Posted in Valuation Discounts
The discount for lack of marketability is a fixture in New York fair value jurisprudence as a result of almost 30 years of case law starting with Matter of Blake. Some prominent voices in the business valuation field are challenging the doctrine as wrong in theory and bereft of empirical support. Learn more in this week’s New York Business Divorce.
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Continue Reading The Marketability Discount in Fair Value Proceedings: An Emperor Without Clothes?