Balsamides v. Protameen Chemicals

BVLaw
Full Text of Court Cases
July 14, 1999
5169 Chemicals and Allied Products, NEC
424690 Other Chemical and Allied Products Merchant Wholesalers
judicial dissolution
fair value

Balsamides v. Protameen Chemicals
160 N.J. 352, 734 A.2d 721, 1999 N.J. LEXIS 836
US
State Court
New Jersey
Supreme Court
Thomas J. Hoberman, CPA (for Balsamides)<br>Robert E. Ott, CFA (for Perle)
Garibaldi

Summary

At issue is whether in this judicially ordered buy-out the trial court should have applied a "marketability discount" to determine the "fair value" of Perle's shares, a fifty percent shareholder of Protameen Chemicals.

See Also

Marketability discount O.K. in oppression suit

In this case, decided the same day as Lawson Mardon Wheaton, Inc. v. Smith , the New Jersey Supreme Court held that a marketability discount should be applied when determining the fair ...

Marketability discount appropriate in New Jersey minority oppression case

The primary issue in this case, decided the same day as Lawson Mardon Wheaton, Inc. v. Smith , was whether a marketability discount should be applied is determining the fair value to be ...