Le Beau v. M.G. Bancorporation

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April 30, 1999

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6712 Offices of Bank Holding Companies
551111 Offices of Bank Holding Companies
shareholder dissent/oppression
fair value, fair market value (FMV)
Le Beau v. M.G. Bancorporation
737 A.2d 513,1999 Del. LEXIS 143
US
State Court
Delaware
Supreme Court
David Clarke (for petitioner) Robert Reilly (for respondent)
Holland

Summary

At issue is the fair value of MGB's common stock and the admittance of expert testimony.

See Also

Capital Market Approach Rejected and Control Premium Permitted When Valuing a Bank Holding Company

Legal and Court Case Update
April 30, 1999

The Delaware Supreme Court affirmed the Chancery Court's valuation of two Illinois banks in this dissenting shareholder action.