Lynd v. Marshall County Pediatrics, P.C.

BVLaw
Full Text of Court Cases
April 27, 2018
8011 Offices and Clinics of Doctors of Medicine
621111 Offices of Physicians (except Mental Health Specialists)
buy/sell agreement
fair value, standard of value, redemption, book value, professional corporation, stock buyback

Lynd v. Marshall County Pediatrics, P.C.
2018 Ala. LEXIS 40
US
State Court
Alabama
Supreme Court of Alabama
Unknown (plaintiff); unknown (defendant)
Mendheim

Summary

In share redemption dispute pivoting on missing shareholder agreement, high court finds corporate bylaws show trial court’s use of book value to value separating member’s stock was error but plaintiff failed to show right to fair value determination as a matter of law; court remands.
Lynd v. Marshall County Pediatrics, P.C.
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See Also

In Share Redemption Case, Bylaws Militate Against Book-Value Valuation

In share redemption dispute pivoting on missing shareholder agreement, high court finds corporate bylaws show trial court’s use of book value to value separating member’s stock was error but plaintiff failed to show right to fair value determination as a matter of law; court remands.