Pearson v. Westervelt Co.

BVLaw
Full Text of Court Cases
January 8, 2016
2611 Pulp Mills
322121 Paper (except Newsprint) Mills
shareholder dissent/oppression
expert testimony, fair value, income approach, reasonable compensation, fair market value (FMV), minority discount, minority interest, standard of value, controlling interest, officer compensation

Pearson v. Westervelt Co.
2016 Ala. Civ. App. LEXIS 17
US
State Court
Alabama
Court of Civil Appeals
None (plaintiff); Dr. B. Perry Woodside (defendant)
Thompson

Summary

Appeals court finds no error in trial court’s rejection of plaintiff’s demand for inspection of corporate records on executive compensation, where expert testimony showed information was not necessary to value plaintiff’s minority interest in company.
Pearson v. Westervelt Co.
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See Also

Demand for Executive Compensation Data Lacks ‘Proper Purpose’

Appeals court finds no error in trial court’s rejection of plaintiff’s demand for inspection of corporate records on executive compensation, where expert testimony showed information was not necessary to value plaintiff’s minority interest in company.