Kassab v Kasab

BVLaw
Full Text of Court Cases
August 3, 2017
6531 Real Estate Agents and Managers
531210 Offices of Real Estate Agents and Brokers
judicial dissolution
fair value, net asset value, discount for lack of marketability (DLOM), minority interest, real estate, minority oppression, holding company, dissolution

Kassab v Kasab
2017 N.Y. Misc. LEXIS 2905
US
State Court
New York
Supreme Court of New York (Trial Court)
Z. Christopher Mercer (BV/plaintiff); none (BV/defendant)
Dufficy

Summary

In determining the fair value of petitioner’s interest in two family businesses that hold real estate, New York court (Second Department) adopts expert’s decision not to apply marketability discount, noting valuation “already relies upon market exposure.”
Kassab v Kasab
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See Also

Court Adopts DLOM-Free Valuation of Realty Holding Company

In determining the fair value of petitioner’s interest in two family businesses that hold real estate, New York court (Second Department) adopts expert’s decision not to apply marketability discount, noting valuation “already relies upon market exposure.”