Torres v. Schripps, Inc.

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July 9, 2001

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2051 Bread and Other Bakery Products, Except Cookies and Crackers
445291 Baked Goods Retailers
judicial dissolution
fair value, shareholder dispute, market approach
Torres v. Schripps, Inc.
42 N.J. Super. 419, 776 A.2d 915, 2001 N.J. Super. LEXIS 294
US
State Court
New Jersey
Supreme Court
Stephen C. Chait, CPA (for Schripps)
Wallace

Summary

At issue is the value and date of valuation of the shares of stock of Schripps, a closely held corporation.

See Also

Fair Value Determination Remanded Due to Lack of Evidence

Legal and Court Case Update
July 9, 2001

In this dispute over the valuation of closely held corporation stock, the appellate court reversed and remanded the trial court's valuation of the corporation.