Ritchie v. Rupe

BVLaw
Full Text of Court Cases
March 28, 2011
judicial dissolution

Ritchie v. Rupe
2011 WL 206845 (Neb. App.)
US
State Court
Texas
Court of Appeals
Donald Latin, Richard Latin, and Alan Tolmas (minority shareholder)
Moseley

Summary

Texas Court of Appeals affirmed availability of forced buy-out remedy for shareholder oppression and held that when minority oppressed shareholder wants to sell, the fair market value standard (including discounts) is appropriate.

See Also

Fair Value Standard Provides ‘Excessive Relief’ When Oppressed Shareholder Wants to Sell

Texas Court of Appeals affirmed availability of forced buyout remedy for shareholder oppression and held that, when minority oppressed shareholder wants to sell, the fair market value standard (including discounts) is appropriate.