Sentence examples similar to excess of fair value from inspiring English sources
The Delaware Supreme Court struck two blows against appraisal arbitrage in 2017 in its DFC Global and Dell decisions, which both held that the Court of Chancery should not award fair value in excess of the deal price absent compelling evidence that the deal price is not a reliable indicator of fair value.
This effect even endures in the presence of fair value information about the asset being sold.
The responsible official will certify that the amount of reimbursement claimed on each article of personal effects is not in excess of the fair value thereof at time of loss.
At the time, the indictment says Mr. Lay knew that "Enron international assets were being carried on Enron's books for billions of dollars in excess of their fair value".
For the household sector, debt in excess of 110% of the fair value of each property was written off.
In the Court of Chancery, the Plaintiff sought an equitable remedy that cancelled or required the Defendants to return to Southern Peru the shares that Southern Peru issued in excess of Minera's fair value.
There many arguments in favor of fair-value accounting.
They show no agreement among plaintiffs to advocate any industry standard in excess of fair use.
A significant development in 2017 was the Delaware Supreme Court's decision in Dell v. Magnetar, reversing the lower court's ruling that fair value was substantially in excess of the negotiated deal price and affirming the importance of market evidence in determining the fair value in appraisal actions.
