Matter of Seagrott Floral Co.

BVLaw
Full Text of Court Cases
November 19, 1999
5193 Flowers, Nursery Stock, and Florists' Supplies
424930 Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers
dissenting shareholder

Matter of Seagrott Floral Co.
167 AD2d 586, 588, modified 78 NY2d 439
US
State Court
New York
Court of Appeals
unnamed
Kaye

Summary

The statutory fair value of a closely held corporation as a going concern in New York includes the illiquidity risks of its shares, which may be measured by any reliable method, including a marketability discount or a discount to the capitalization rate.
Matter of Seagrott Floral Co.
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