Christopher v. Hanson

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June 6, 2011

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ESOP valuations
Christopher v. Hanson
2011 WL 2183286 (D. Minn.)
US
Federal Court
Minnesota
United States District Court
Mark Sheffert and Robert Gross (plaintiffs); Lyndon Steele (defendants)
Ericksen

Summary

Court denies summary judgment motion, finding that the owner of an ESOP company ‘”strong-armed” its ESOP appraiser to provide a target value for repurchasing/redeeming his shares.
Christopher v. Hanson
PDF, Size: 72 KB

See Also

Was ESOP Appraiser ‘Strong-Armed’ by Owner/Trustee?

Legal and Court Case Update
September 2011

Court denies summary judgment motion, finding that the owner of an ESOP company ‘”strong-armed” its ESOP appraiser to provide a target value for repurchasing/redeeming his shares.

This article also appears in:
BVR Guide to Management Projections and Business Valuation: Analysis and Case Law