Daly v. Yessne

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July 18, 2005

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buy/sell agreement
buy-sell agreement, fair market value (FMV)
Daly v. Yessne
2005 Cal. App. LEXIS 1103
US
State Court
California
Court of Appeals
David M. Chaiken, E. David Marks, Edward A. Smith, Kenneth R. Van Vleck, Martin H. Myers, Robert P. Dudugjian
Elia

Summary

The Stock Repurchase Agreement of Staffing Industry Analysts, Inc. (SIA), required that upon termination of employment, an employee shareholder would have to sell (and the company to buy) all the shares she then owned.
Daly v. Yessne
PDF, Size: 41 KB

See Also

No Appraisers Needed Where Buy-Sell Agreement Specifies Board Determines FMV of Shares

Legal and Court Case Update
December 2005

The Stock Repurchase Agreement of Staffing Industry Analysts Inc. (SIA) required that, upon termination of employment, an employee shareholder would have to sell (and the company to buy) all the shares she then owned.