Business Valuations Support Directors’ Decision to Sell the Company

Business Valuation Update BVLaw
Legal and Court Case Update
June 11, 1999

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tort
Ronald L. Willard v. Moneta Building Supply, Inc., et al.
No. 981836 (VA App. 1999)
US
State Court
Virginia
Court of Appeals
James T. Shepherd,CPA <br>
Updike,Jr.

Summary

The Virginia Court of Appeals affirmed the lower court's dismissal of an action a minority shareholder brought that alleged a breach of the fiduciary duty to maximize the sale price of a building materials company.

See Also

Ronald L. Willard v. Moneta Building Supply, Inc., et al.

Full Text of Court Cases
June 11, 1999

The Virginia Court of Appeals affirmed the lower court's dismissal of an action brought by a minority shareholder that alleged a breach of the fiduciary duty to maximize the sale price of a building materials company. The lower court found that the board ...