Jahn v. Kinderman

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June 7, 2004

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3446 Architectural and Ornamental Metal Work
332323 Ornamental and Architectural Metal Work Manufacturing
judicial dissolution
Jahn v. Kinderman
2004 Ill. App. LEXIS 628
US
State Court
Illinois
Court of Appeals
McNulty

Summary

The issue in this case was discounts under minority oppression statutes.
Jahn v. Kinderman
PDF, Size: 48 KB

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The issue in this minority oppression case concerning Chicago Metallic Corp. was the application of a marketability discount in determining fair value.

Lack of Marketability Discount and Alleged Oppressive Acts Considered in the Fair Value Determination

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The Illinois Court of Appeals, 1st Division, affirmed the lower court’s decision denying a discount for lack of marketability in a fair value determination originating in a statutory buyout to avoid dissolution.