Battle of Three Experts Turns on Reliability of Third-Party Appraisals

Business Valuation UpdateVol. 19 No. 1
Legal and Court Case Update
January 2013
0913 Shellfish
114112 Shellfish Fishing
dissenting shareholder

SnoPac Products, Inc. v. Spencer
2012 Wash. App. LEXIS 1585
July 9, 2012
US
State Court
Washington
Court of Appeals
Owen Dahl (company); Kevin Grambush (minority shareholders); Robert Duffy (court-appointed)
Spearman

Summary

Valuation of commercial fishing and processing business in dissenting shareholder action illustrates difficulty of BV experts having to rely on third party (marine vessel) appraisals.

See Also

SnoPac Products, Inc. v. Spencer

Valuation of commercial fishing and processing business in dissenting shareholder action illustrates difficulty of BV experts having to rely on third party (marine vessel) appraisals.