Lally Orange Buick Pontiac GMC, Inc. v. Sandhu

BVLaw
Full Text of Court Cases
December 22, 2016

Access the Full Article

This article and its downloads are available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (2,178 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
5511 Motor Vehicle Dealers (New and Used)
441110 New Car Dealers
judicial dissolution
expert testimony, fair value, income approach, capitalization rate, dissenting shareholder, freeze-out merger, statutory appraisal, valuation methods
Lally Orange Buick Pontiac GMC, Inc. v. Sandhu
2016 Fla. App. LEXIS 18782
US
State Court
Florida
Court of Appeal
Robert Morrison (wife/appellee); Ken Rosenfield (company/appellant)
Per Curiam

Summary

Appeals court scraps judicial appraisal, finding it was not based on competent evidence; in valuing dissenting shareholder’s interest in auto dealership, trial court ignored expert opinions but failed to detail methodology supporting its valuation.
Lally Orange Buick Pontiac GMC, Inc. v. Sandhu
PDF, Size: 35 KB

See Also

Judicial Appraisal Lacks Valuation Evidence and Gets Dinged on Appeal

Court Case Digests
December 22, 2016

Appeals court scraps judicial appraisal, finding it was not based on competent evidence; in valuing dissenting shareholder’s interest in auto dealership, trial court ignored expert opinions but failed to detail methodology supporting its valuation.