Cooke v. Fresh Express Foods

BVLaw
Full Text of Court Cases
July 12, 2000
5141 Groceries, General Line
424410 General Line Grocery Merchant Wholesalers
judicial dissolution
fair value, breach of fiduciary duty, going concern, liquidation

Cooke v. Fresh Express Foods
169 Ore. App. 101; 7 P.3d 717; 2000 Ore. App. LEXIS 1128
US
State Court
Oregon
Court of Appeals
Lewis Olds (for Cooke); Robert Johnson (for Fresh Express)
Armstrong

Summary

At issue is the valuation of plaintiff's interest in the defendant, Fresh Express Foods Corporation.
Terry J. Cooke v. Fresh Express Corporation, Inc., et al.
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See Also

Going-Concern Value, Not Liquidation Value, Comports With Fair Value

One of the issues in this shareholder oppression action was the valuation of plaintiff Terry J. Cooke's 25% interest in Fresh Express Foods Corporation Inc., a closely held Subchapter S corporation.

Former Shareholder’s Salary Considered When Valuing His Interest Under the Oppressed Shareholder Statute

The Oregon Court of Appeals considered the fair value of a 25% interest in a closely held business in this oppressed shareholder action.