Summary
In a New York business dispute, the court analyzed valuation reports from both sides and then determined the fair value of the entity and of the selling shareholder’s 50% interest. Offering criticisms of both reports, she then started with the report of the selling shareholder’s report and discarded the report of the buying shareholder, which had some evidentiary issues as to back rent due and other issues.
See Also
Rosenthal v. Erber
In a New York business dispute, the court analyzed valuation reports from both sides and then determined the fair value of the entity and of the selling shareholder’s 50% interest. Offering criticisms of both reports, she then started with the report of the selling shareholder’s report and discarded the report of the buying shareholder, which had some evidentiary issues as to back rent due and other issues.