Reed v. New Mexico

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting that “[sjuch valuations are highly sensitive to assumptions about the firm’s costs and rate of growth,” and that cash flow studies may not be “the best way” to value a business, but “may be necessary when there is no other way to find value”
• affirming the District Court's denial of relief pursuant to Rule 60(b)(3) when neither the party nor its counsel knew that their expert witness' statements were false
• stock price is a valuation that includes the information of many professionals and is “an unusually rehable source of information”
• “The price at which people actually buy and sell, putting their money where their mouths are, is apt to be more accurate than the conclusions of any one analyst.”
• “The value of a firm is just what it, or its assets, will fetch in the market.”
• “[T]he price of stock in a liquid market is presumptively the one to use in judicial proceedings.”

Source: CourtListener parenthetical corpus (CC0).