Richton Bank & Trust Co. v. Bowen

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October 31, 2001

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6712 Offices of Bank Holding Companies
551111 Offices of Bank Holding Companies
shareholder dissent/oppression
fair value, minority interest, holding company
Richton Bank & Trust Co. v. Bowen
798 So. 2d 1268, 2001 Miss. LEXIS 294
US
State Court
Mississippi
Supreme Court
David A. Harris, ASA, CFA (for the bank) <br> Richard A. Place, ASA (for the shareholders)
Diaz

Summary

The issue was whether the chancellor erred in eliminating discounts for lack of marketability and minority status from his determination of fair value.

See Also

Mississippi Supreme Court Upholds Rejection of Minority and Marketability Discounts

Legal and Court Case Update
January 2002

This case came to the Mississippi Supreme Court on appeal from the Court of Chancery.