Summary
At issue is the valuation of the appellee's stock by the appellant's expert witness.
See Also
Trial Court Not Required to Assign Specific Weight to Experts' Oopinions
Wiley and others formed Ely Inc. to develop and sell a process for grinding coal and other substances into fine powder for power plants.
Company Sale Not Evidence of Fair Value
Wiley and others formed Ely Inc. to develop and sell a process for grinding coal and other substances into fine powder for power plants.
Fair Value Does Not Equal the Sale Price When Seller Is Under a Compulsion to Sell
The Iowa Supreme Court reversed the appellate court's valuation and reinstated the decision of the trial court in this dissenting shareholder action. The trial court rejected an appraisal of the subject company based on the transaction giving rise to the ...