M&A Ruling Buoys Loss Calculation Method, R&W Insurance

By Mark Schwartz, William O’Neil and Gretchen Scavo (November 3, 2023, 4:10 PM EDT) -- The recent Taylor Precision Products Inc. v. Larimer Group Inc. decision from the U.S. District Court for the Southern District of New York confirms what practitioners in the post-closing M&A dispute arena have seen in practice for years — that damages in connection with the sale of a business can be appropriately measured based upon a multiple of earnings before interest, taxes, depreciation and amortization where the breach has impaired the earning's power of the acquired business.[1]...

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