Appellate Court Upholds Use of Risk Discount in Fair Value Determination

BVLaw
Court Case Digests
October 30, 2018
8748 Business Consulting Services, NEC
541611 Administrative Management and General Management Consulting Services
judicial dissolution
expert testimony, fair value, personal goodwill, breach of fiduciary duty, buyout, closely held corporation, discount, limited liability company, valuation date, minority oppression, operating agreement

Saltzer v. Rolka
2018 Pa. Super. Unpub. LEXIS 4044
US
State Court
Pennsylvania
Superior Court of Pennsylvania (appellate court)
Gayle L. Bollinger (plaintiff); David M. Weiss (defendants)
Panella

Summary

In buyout dispute, appellate court upholds trial court’s valuation of company, which applies company-specific risk discount related to uncertain extension of company’s key contract but does not deduct value of personal goodwill attributable to remaining members.

See Also

Saltzer v. Rolka

In buyout dispute, appellate court upholds trial court’s valuation of company, which applies company-specific risk discount related to uncertain extension of company’s key contract but does not deduct value of personal goodwill attributable to remaining members.