Summary
At issue is the marketability discount of respondent's shares of Advanced Communication Design, Inc.
See Also
Minnesota Court Adopts Elements From Both Majority and Minority Valuations
In Advanced Communication Design v. Follet, 601 N.W.2d 707 (Minn. Ct. App. 1999) (abstracted in January 2000), the court ruled that a marketability discount should not apply because a majority shareholder's conduct had oppressed a minority shareholder.