In Re: Appraisal of Metromedia

Summary

Various hedge funds seek appraisal of Metromedia International Group.

Outcome

The fair value in the appraisal proceeding amounted to $38.92 for each preferred share ($9.52 + $29.40) in accordance with the certificate of designation. Interest was also awarded on the $38.92 per share judgment amount at 5.0% over the Federal Reserve Discount Rate from the appraisal date until final judgment is paid, compounded quarterly. Neither a liquidation event nor redemption had occurred.

Case Information

Attorneys

Witnesses

Plaintiff
Defense

Judge: William Chandler
Jurisdiction: Delaware Court Of Chancery
Court: Court of Chancery Courthouse

Case Number: 3351-CC
Industry: Finance
Practice Area: Securities

Expert Witnesses

Lay Witnesses

Nagel, Peter

Sessions

Attorney

Witness

Type

Description

PM Session

Plaintiff Witness(es)

8 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Grant, Stuart	Brokaw, Mr. Roberts W. III	In Person
00:27:40	Witness Cross Examination	Kubek, Gary	Brokaw, Mr. Roberts W. III	In Person
01:04:10	Break
01:17:40	Witness Cross Examination	Kubek, Gary	Brokaw, Mr. Roberts W. III	In Person
01:57:10	Break
02:12:40	Witness Cross Examination	Kubek, Gary	Brokaw, Mr. Roberts W. III	In Person
03:39:55	Break
03:50:10	Witness Cross Examination	Kubek, Gary	Brokaw, Mr. Roberts W. III	In Person

AM Session

Plaintiff Witness(es)

6 Chapters

	Description	Attorney	Witness	Presence
00:00:02	Opening Statement
00:07:32	Witness Direct Examination	Grant, Stuart	Brokaw, Mr. Roberts W. III	In Person
00:36:32	Break
01:07:32	Witness Direct Examination	Grant, Stuart	Brokaw, Mr. Roberts W. III	In Person
02:13:52	Break
02:28:47	Witness Direct Examination	Grant, Stuart	Brokaw, Mr. Roberts W. III	In Person

DEC

AM Session

Defense Witness(es)

5 Chapters

PM Session

Defense Witness(es)

6 Chapters

	Description	Attorney	Witness	Presence
00:00:00	General Case Activities
00:01:05	Witness Direct Examination	Cantwell, Helen	Nagel, Peter	In Person
00:12:42	Break
01:01:02	Witness Direct Examination	Cantwell, Helen	Nagel, Peter	In Person
01:40:43	Break
02:00:23	Witness Cross Examination	Grant, Stuart	Nagel, Peter	In Person

DEC

AM Session

Defense Witness(es)

8 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Grant, Stuart	Nagel, Peter	In Person
01:04:15	Break
01:13:00	Witness Cross Examination	Grant, Stuart	Nagel, Peter	In Person
01:29:00	Break
01:33:50	Witness Cross Examination	Grant, Stuart	Nagel, Peter	In Person
01:49:30	Witness Re-Direct Examination	Cantwell, Helen	Nagel, Peter	In Person
02:27:15	Break
02:41:30	Witness Direct Examination	Kubek, Gary	Finnerty, Dr. John	In Person

PM Session

Defense Witness(es)

4 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Kubek, Gary	Finnerty, Dr. John	In Person
01:24:45	Break
01:43:00	Witness Direct Examination	Kubek, Gary	Finnerty, Dr. John	In Person
03:09:55	Witness Cross Examination	Grant, Stuart	Finnerty, Dr. John	In Person

DEC

AM Session

Defense Witness(es)

12 Chapters

	Description	Attorney	Witness	Presence
00:00:00	General Case Activities
00:06:45	Witness Cross Examination	Kubek, Gary	Finnerty, Dr. John	In Person
01:22:45	Break
01:31:15	Witness Cross Examination	Kubek, Gary	Finnerty, Dr. John	In Person
02:07:05	Witness Re-Direct Examination	Kubek, Gary	Finnerty, Dr. John	In Person
02:25:05	Witness Re-Cross Examination	Grant, Stuart	Finnerty, Dr. John	In Person
02:35:15	Break
02:42:00	Witness Direct Examination	Grant, Stuart	Broadie, Prof. Mark PhD	In Person
03:06:45	Break
03:12:15	Witness Cross Examination	Kubek, Gary	Broadie, Prof. Mark PhD	In Person
03:42:05	Witness Re-Direct Examination	Grant, Stuart	Broadie, Prof. Mark PhD	In Person
03:43:15	Witness Re-Cross Examination	Kubek, Gary	Broadie, Prof. Mark PhD	In Person

PM Session

Not in Session

0 Chapters

DEC

In Re: Appraisal of Metromedia

Summary

Outcome

Sessions

Suggest a Trial

CVN Essentials

Video Library

	Description	Attorney	Witness	Presence
00:00:15	General Case Activities
00:11:15	Break
00:37:35	Witness Direct Examination	Cantwell, Helen	Nagel, Peter	In Person
01:35:15	Break
01:56:00	Witness Direct Examination	Cantwell, Helen	Nagel, Peter	In Person