Sieg v. Kelly

Full Text of Court Cases
September 17, 1997
5013 Motor Vehicle Supplies and New Parts
441310 Automotive Parts and Accessories Stores
shareholder dissent/oppression
fair value, dissenting shareholder, market approach, last in, first out (LIFO)

Sieg v. Kelly
568 N.W.2d 794, 1997 Iowa Sup. LEXIS 243
State Court
Supreme Court
Richard Maroney, Jr. (for plaintiff) <br> Steve Givens (for defendant)


At issue is the valuation of the defendant's stock in the plaintiff company, a distributor of automobile parts and supplies.

See Also

Iowa Supreme Court Affirms Bench Trial Valuation, Upholds No Discount for Lack of Marketability

This action was brought to obtain a court appraisal of the fair value of stock the Kellys owned.