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LE BEAU v M.G. BANCORPORATION Click to find out why . . .



Keywords & Phrases
CaseNo: C.A. No. 13,414, CourtName: PERTAINING TO THE COURT S AWARD OF COMPOUND INTEREST, Plaintiff: LE BEAU, State: DE Delaware, UniqueCaseRef: DE>CC>00013414, CourtCode: CC, Respondents, Compound, Petitioners, Award, Del, Cost, Remand, Borrowing, Burdens, Southwest, Affidavit, David, Chandler, Slip, Prudent Investor, Delaware Corporation, Facts, Legal Rate, Opening, Discretionary Determination, Supr, Trial Record, Supreme Court, Preliminary Statement, Appraisals, Historical Practice, Investments, Respecting, Awarding Compound, Appraisal Proceeding, Exception, Valuation, Ytterberg Affidavit, Evidence, Mcilvane, Citicorp, Illinois, Bank Account, Compounding , ContentID: 120241056

Case Documents
1 1999-06-14 PETITIONSERS REPLY BRIEF ON REMAND PERTAINING TO THE COURTS AWARD OF COMPOUND INTEREST
[ see first page and extracted highlights below  ] ItemID: 103442
17 pages
PDF
2 1999-06-07 RESPONDENTS ANSWERING BRIEF ON REMAND
[ see first page and extracted highlights below  ] ItemID: 103443
18 pages
PDF
Total Documents: 2 documents , 35 pages
Price: $ 24.95


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1 . PETITIONSERS REPLY BRIEF ON REMAND PERTAINING TO THE COURTS AWARD OF COMPOUND INTEREST

EXTRACTED KEY WORDS
PETITIONERS
COMPOUND
AWARD
COST
COURT
REMAND
BURDENS
BORROWING
DEL
SOUTHWEST
DELAWARE CORPORATION
OPENING
DISCRETIONARY DETERMINATION
HISTORICAL PRACTICE
RESPECTING
LEGAL RATE
CHANDLER
APPRAISAL PROCEEDING
EXCEPTION
PRUDENT INVESTOR
SUPREME COURT
EVIDENCE
COUNSEL
MCILVANE
CITICORP
ILLINOIS
PRELIMINARY STATEMENT
HOLDINGS
AFFIDAVIT
                           IN AND FOR NEW CASTLE COUNTY


RICHARD A. LE BEAU, et al.                       1>
                        Petitioners,
                                                 ;
        V.                                       1          C.A. No. 13414
M.G. BANCORPORATION, INC.,                       1
a Delaware corporation, and
SOUTHWEST BANCORP, INC.,
a Delaware corporation,

                        Respondents


                     PETITIONERS' REPLY BRIEF ON REMAND
    PERTAINING TO THE COURT'S AWARD OF COMPOUND INTEREST

                                          YOUNG CONAWAY STARGATT
                                            & TAYLOR LLP
                                          Bruce L. Silverstein
                                          Martin S. Lessner
                                          Danielle Gibbs
                                          11 th Floor, Rodney Square North
                                          P.O. Box 391
                                          Wilmington, Delaware 19899-039 1
                                          (302) 571-6600
                                          Attorneys for Petitioners

OF COUNSEL:

Thomas E. Chomicz
Wilson & McIlvane
Citicorp Center
Suite 3700
500 West Madison Street
Chicago, Illinois 60661
(3 12) 7155000

Dated: June 14, 1999


WP3: M:\DOCS3\PUBL2\089\BRIEF\Z43056-1                                        48777.1002



                                              TABLE OF CONTENTS

PRELIMINARY STATEMENT . . . . . . . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SNIPPETS:
  • PETITIONERS' REPLY BRIEF ON REMAND PERTAINING TO THE COURT'S AWARD OF COMPOUND INTEREST
  • OF COUNSEL:
  • Wilson & McIlvane Citicorp Center Suite 3700
  • Chicago, Illinois 60661
  • PRELIMINARY STATEMENT.
  • Respecting The Burden Of Proof
  • And Southwest's Cost of Borrowing Is A Red Herring.
  • Char&s Holdings v. Universal Chemicals & Coatings.
  • Grimes v. Vitalink Communications Corn Del.
  • No. 12334, Chandler, C.`iAug.
  • In Petitioners' Opening Brief on Remand, petitioners set forth their understanding of the
  • reasonfor its discretionary determination -- not, as respondents appear to believe, to
  • remanded by the Supreme Court.
  • that an award of compound interest was "the exception rather than the rule."
  • analysis of the historical practice referenced by the Supreme Court herein,
  • petitioners submitted the Affidavit of David G.
  • positions by a preponderance of evidence," M.G. Bancornoration.
  • determined by respondent Southwest through a valuation methodology that violated
  • presumptions or burdens, respondents have utterly failed to establish any basis upon which
  • Respondents' Argument Based On The Legal Rate And Southwest's Cost of Borrowing Is A Red
  • would be derived from the blended rate of the `prudent investor' portfolio of investments

  • 2 . RESPONDENTS ANSWERING BRIEF ON REMAND

    EXTRACTED KEY WORDS
    COMPOUND
    PETITIONERS
    COURT
    DAVID
    SLIP
    AWARD
    FACTS
    SUPR
    TRIAL RECORD
    AFFIDAVIT
    RESPONDENTS
    APPRAISALS
    CHANDLER
    PRUDENT INVESTOR
    INVESTMENTS
    AWARDING COMPOUND
    LEGAL RATE
    BORROWING
    VALUATION
    YTTERBERG AFFIDAVIT
    SUPREME COURT
    BANK ACCOUNT
    COMPOUNDING
    OFCOUNSEL
    FREDERICK
    LOCHBIHLER DAVID
    PRELIMINARY STATEMENT
    CHAPIN AFFIDAVIT
    DISCRETION
    
                        IN THE COURT OF CHANCERY IN THE STATE OF DELAWARE                              
    
                                     IN AND FOR NEW CASTLE COUNTY
    
    
    RICHARD A. LE BEAU, et al.,
    
                                           Petitioners, )
                                                                   >
                               V.                                  >           C.A. No. 13414
                                                                    >
    M.G. BANCORPORATION,INC.,                                       >
    a Delaware corporation and                                      >
    SOUTHWESTBANCORP,INC.,                                          >
    a Delaware corporation,                                         >
                                                                    >
                                         R e s p o n d e n t s .   )>                                  
                                                                                                       
    
                                                                                                       
                                                                                              _...     
                             RESPONDENTS' ANSWERING BRIEF ON REMAND                                   .
    
    
                                                                    ~RICKETT,JONES,ELLIOTT,
                                                                          KRISTOL&SCHNEE
                                                                    Wayne J. Carey
                                                                    Ronald A. Brown, Jr.
                                                                         13 10 King Street
                                                                    P.O. Box 1328
                                                                    Wilmington, Delaware 19899
                                                                        (302) 888-6500
                                                                    Attorneys for Respondents
    
    OFCOUNSEL:
    CHAPMANAND~UTLER
    Frederick V. Lochbihler
    David S. Barritt
    111 West Monroe Street
    Chicago, Illinois 60603
    (3 12) 845-3000
    
    
    
    
    916857.01.15
    1096155
    
    
    
    SNIPPETS:
  • OFCOUNSEL: CHAPMANAND~UTLER
  • Frederick V. Lochbihler David S. Barritt
  • PRELIMINARY STATEMENT.
  • STATEMENT OF FACTS.
  • Compound Interest Should Be Awarded.
  • Cede & Co. v. Technicolor Inc., Del.
  • Supr., 684 A.2d 289, 302.
  • No. 7129, slip op.
  • David J. Stone & Co. v. Silverstein,
  • No. 12334, Chandler, V.C.
  •    |