The New York Supreme Court, New York County concluded that the fair value of a minority interest in a antique furniture reproduction company for the purposes of a buyout to avoid dissolution under the Business Corporation Law could be determined using the ...
Richard Hall v. Donald King
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Net Asset Approach Sets Value in Corporate Buyout Proceeding
The Supreme Court, New York County, considered whether the net asset approach could be used to value a minority shareholder's interest for the purposes of a corporate buyout under B.C.L. 1118.