Matter of Adelstein v. Finest Food Distributing Co. (II)

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April 16, 2014

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5149 Groceries and Related Products, NEC
424490 Other Grocery and Related Products Merchant Wholesalers
judicial dissolution
buyout, capitalization of earnings, capitalization of income approach, discount for lack of marketability (DLOM), minority discount, pratt's stats (PS), dissolution, merged and acquired company method
Matter of Adelstein v. Finest Food Distributing Co. (II)
2014 N.Y. App. Div. LEXIS 2542
US
State Court
New York
Court of Appeals
Paul Marquez (petitioner); Brian Serotta (company/respondent)
Per Curiam

Summary

Appeals court affirms trial court’s valuation of oppressed shareholder’s minority interest in family business based on credentialed appraiser’s “clear, thorough, professional, and reliable” opinion and knowledge of New York valuation-related law.
Matter of Adelstein v. Finest Food Distributing Co. (II)
PDF, Size: 33 KB

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Appeals court affirms trial court’s valuation of oppressed shareholder’s minority interest in family business based on credentialed appraiser’s “clear, thorough, professional, and reliable” opinion and knowledge of New York valuation-related law.