Puklich v. Puklich

BVLaw
Full Text of Court Cases
June 27, 2019
5511 Motor Vehicle Dealers (New and Used)
441110 New Car Dealers
judicial dissolution
discount for lack of control (DLOC), expert testimony, fair value, buyout, closely held corporation, discount for lack of marketability (DLOM), minority discount, minority shareholder, limited partnership, minority oppression, partnership dissolution, partnership dispute

Puklich v. Puklich
2019 ND 154; 2019 N.D. LEXIS 153; 2019 WL 2641017
US
State Court
North Dakota
Supreme Court of North Dakota
unknown (petitioner/appellant); unknown (respondent/appellee)
Jensen

Summary

In buyout dispute related to various family businesses, including auto dealership, high court finds trial court was authorized to adjust value finding to account for majority shareholder’s oppressive conduct; case law supported rejection of discounts in valuing minority shareholder’s interest.
Puklich v. Puklich
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See Also

High Court Approves of Trial Court’s Rejection of Discounts in Fair Value Determination

In buyout dispute related to various family businesses, including auto dealership, high court finds trial court was authorized to adjust value finding to account for majority shareholder’s oppressive conduct; case law supported rejection of discounts in valuing minority shareholder’s interest.