Colorado Supreme Court Affirms Court of Appeals; No Marketability Discounts in Dissenters' Rights Cases as a Matter of Law

Business Valuation UpdateVol. 9 No. 3
Legal and Court Case Update
March 2003
6022 State Commercial Banks
522190 Other Depository Credit Intermediation
dissenting shareholder

Pueblo Bancorporation v. Lindoe, Inc. (II)
63 P.3d 353, 2003 Colo. LEXIS 53
January 21, 2003
US
State Court
Colorado
Supreme Court
Leslie A. Pattern, CPA, CVA (for Pueblo) <br> Z. Christopher Mercer, ASA, CFA (for Lindoe) <br> Gerald A. Feil (for Lindoe) <br> Charles W. Murdock (for Linda)
Rice

Summary

In this case, Pueblo Bancorporation appealed the Court of Appeals' reversal of the trial court's determination of the shares owned by Lindoe Inc., a minority shareholder of Pueblo.

See Also

Pueblo Bancorporation v. Lindoe, Inc. (II)

At issue is the application of a lack of marketability discount for the value of shares owned by the minority shareholder, Lindoe, Inc., in Pueblo Bancorporation.