Walker v. Daniels

BVLaw
Full Text of Court Cases
May 22, 2024
0762 Farm Management Services
115116 Farm Management Services
shareholder dissent/oppression
fair value, shareholder dispute, shareholder oppression, buyout, discount, liquidation, minority shareholder, minority oppression, dissolution, taxes, shareholders

Walker v. Daniels
2024 Iowa App. LEXIS 396
US
State Court
Iowa
Court of Appeals
Langholz

Summary

The appellate court was left with two questions: what was the proper date of valuation for the minority shares and what was the proper value of the shares. Three brothers were in a dispute with their two sisters. The sisters were to receive compensation in the form of a buyout of their shares in a shareholder oppression dispute. The appellate court (Iowa) concurred with the trial court and affirmed its judgment.
Walker v. Daniels
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See Also

Iowa Appellate Court Affirms Date of Value and Value of Farming Operation in Shareholder Oppression Suit

The appellate court was left with two questions: what was the proper date of valuation for the minority shares and what was the proper value of the shares. Three brothers were in a dispute with their two sisters. The sisters were to receive compensation in the form of a buyout of their shares in a shareholder oppression dispute. The appellate court (Iowa) concurred with the trial court and affirmed its judgment.