CEO can't challenge valuation pursuant to employment agreement

Business Valuation Update BVLaw
Legal and Court Case Update
February 25, 1999

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5311 Department Stores
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Questrom v. Federated Dep't Stores
41 F. Supp. 2d 294,1999 U.S. Dist. LEXIS 1949
US
Federal Court
New York
United States District Court
Kaplan

Summary

The CEO of Federated brought suit against the corporation. The CEO objected to the choice of valuation expert chosen to determine the value of the company's equity appreciation for the purpo ...

See Also

Questrom v. Federated Dep't Stores

Full Text of Court Cases
February 25, 1999

At issue is the determination of incentive compensation.