Uzielli v. Frank

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June 15, 2005

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buy/sell agreement
cost approach, discount for lack of marketability (DLOM), discounted cash flow (DCF), fair market value (FMV), limited liability company, market approach, minority discount, valuation date, operating agreement
Uzielli v. Frank
2005 U.S. App. LEXIS 11614
US
Federal Court
6th Circuit
United States Court of Appeals
PricewaterhouseCoopers
Suhrheinrich

Summary

The issue in this case, involving a dispute over the meaning of the operating agreement of Alph Company, LLC (Alph) as to how the company was to be valued upon the death of one its two members, was whether a federal district court could issue a declarator ...
Uzielli v. Frank
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See Also

Federal Court’s Declaring Valuation Date and Methodology Does Not Interfere With State Probate

Legal and Court Case Update
October 2005

The issue in this case was whether a federal district court could issue a declaratory judgment deciding the meaning of the agreement without interfering with state probate proceedings, and thereby negating federal subject matter jurisdiction.