Court Accepts Expert's Value Based on 'Thoroughness and Credibility': First Judicial Interpretation of Vermont Dissenters' Rights Statute

Business Valuation Update BVLaw
Legal and Court Case Update
January 15, 1999
6719 Offices of Holding Companies, NEC
551112 Offices of Other Holding Companies
dissenting shareholder
control premium, fair value

In re 75,629 Shares of Common Stock of Trapp Family Lodge, Inc.
725 A.2d 927,1999 Vt. LEXIS 5
US
State Court
Vermont
Supreme Court
Arthur Haut, CPA (for Trapp Family Lodge)<br>Howard Gordon, CFA (for dissenters)
Amestoy, Dooley, Morse, Johnson and Skoglund

Summary

The issue in this judicial appraisal action was whether the trial court erred in adapting the valuation of $63.44 per share.

See Also

In re 75,629 Shares of Common Stock of Trapp Family Lodge, Inc.

At issue is the admittance of expert testimony and the valuation of the corporation's stock.