Mart v. Severson

BVLaw
Full Text of Court Cases
January 23, 2002

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (5,828 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
5421 Meat and Fish (Seafood) Markets, Including Freezer Provisioners
445210 Meat Markets
judicial dissolution
fair value, income approach, going concern, liquidation, market approach, noncompete agreement, forced sale, corporate dissolution
Mart v. Severson
95 Cal. App. 4th 521, 115 Cal. Rptr. 2d 717, 2002 Cal. App. LEXIS 791
US
State Court
California
Court of Appeals
Stephen A. Stewart (for court) <br> Gregory Barber (for plaintiff) <br> Gregory J. Nachtwey (for defendant)
Haerle

Summary

In voluntary corporate dissolution proceeding, Severson exercised his right under Cal. Corp. Code section 2000 to purchase Mart's shares at their fair value to avoid dissolution.

See Also

Section 2000 Fair Value Assumes a Hypothetical Seller's Covenant Not to Compete

Legal and Court Case Update
April 2002

This was a voluntary corporate dissolution proceeding.

Actual Noncompete Agreement Not Relevant to Fair Value Determination

Legal and Court Case Update
January 23, 2002

The California Court of Appeals, District 1, reversed the lower court’s determination of fair value in this voluntary dissolution proceeding.