Alabama Joins 'No Marketability Discount' Trend in Shareholder Actions

Business Valuation UpdateVol. 9 No. 6
Legal and Court Case Update
June 2003
7372 Prepackaged Software
511210 Software Publishers
shareholder dissent/oppression

James Offenbecher v. Baron Services, Inc. (III)
2003 Ala. LEXIS 103
April 4, 2003
US
State Court
Alabama
Supreme Court
James [Butch] Williams, CBA, CPA/ABV (for Offenbecher), Gary Saliba, CFA, CFP (for Baron Services)
See

Summary

The issue of first impression in this dissenting shareholder action was whether the trial court's application of a marketability discount in determining the fair value of the dissenters shares in a cash-out merger was appropriate.

See Also

James Offenbecher v. Baron Services, Inc. (III)

Baron Services, Inc., an Alabama corporation ("Baron Services"), petitioned this Court for a writ of certiorari to review whether the Court of Civil Appeals erred in reversing the trial court's judgment with respect to the fair value of Baro ...