Security State Bank v. Ziegeldorf

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October 23, 1996

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6022 State Commercial Banks
522110 Commercial Banking
shareholder dissent/oppression
Security State Bank v. Ziegeldorf
554 N.W. 2d 884, 1996 Iowa Sup. LEXIS 430
US
State Court
Iowa
Supreme Court
Thomas Mecredy (for plaintiffs) <br>Dennis Bixenman and Paul Stave (for defendants)
Ternus

Summary

At issue is the valuation of the shares held by the dissenting shareholders, appellees.

See Also

Court Find DLOM Unwarranted in Banks' Suit to Determine Dissenting Shareholders' Stock Value

Legal and Court Case Update
May 1997

Upon shareholder approval, two banks—Security State Bank, of Hartley, Iowa, and Security State Bank, of Lake Park, Iowa—brought actions to determine fair value of dissenting stockholders' shares.