Appeals Court Upholds Grocery Store Buyout Ruling and Fair Value Determination

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Court Case Digests
January 14, 2019

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5411 Grocery Stores
445110 Supermarkets and Other Grocery Retailers (except Convenience Retailers)
judicial dissolution
expert testimony, fair value, net asset value, buyout, discount, discounted cash flow (DCF), fair market value (FMV), minority interest, real estate, valuation date, holding company
Lund v. Lund (II)
2019 Minn. App. LEXIS 16
US
State Court
Minnesota
Court of Appeals
Robert Reilly (plaintiff/seller); Roger Grabowski (defendants/buyers)
Bjorkman

Summary

Appeals court upholds district court’s buyout order of minority shareholder’s interests in related family businesses (grocery store chain) as well as district court’s fair value determination; district court’s valuation “falls squarely” between trial experts’ valuations, appeals court says.

See Also

Lund v. Lund (II)

Full Text of Court Cases
January 14, 2019

Appeals court upholds district court’s buyout order of minority shareholder’s interests in related family businesses (grocery store chain) as well as district court’s fair value determination; district court’s valuation “falls squarely” between trial experts’ valuations, appeals court says.