Energy services company

The Brattle Group was retained by a plaintiff, following a cash-out merger, in a combined breach of fiduciary duty and appraisal action before the Delaware Court of Chancery. Brattle principals prepared expert reports and provided trial testimony valuing the shares of a closely-held energy services company, structured as an S-corporation. The court found in favor of the plaintiff and determined that fair value was twice that estimated by the defendant’s expert.