Friedman v. Beway Realty

BVLaw
Full Text of Court Cases
December 7, 1995
6512 Operators of Nonresidential Buildings
531120 Lessors of Nonresidential Buildings (except Miniwarehouses)
shareholder dissent/oppression
fair value, minority interest

Friedman v. Beway Realty
87 N.Y.2d 161
US
State Court
New York
Supreme Court
Kenneth McGraw (for respondent)
Levine

Summary

At issue is the valuation of petitioner's shares in nine family-owned close corporations pursuant to a transfer of all of the property into a newly formed partnership.

See Also

New York Dissenter Case Rejects Discount for Minority and Accepts Unmarketability Discount

The companies owned commercial income-producing properties.