Court Dissolves Business, All for Want of ‘Book Value’ Definition

Business Valuation UpdateVol. 16 No. 9
Legal and Court Case Update
September 2010
3442 Metal Doors, Sash, Frames, Molding, and Trim Manufacturing
332321 Metal Window and Door Manufacturing
dissenting shareholder

Ehlinger v. Hauser (II)
2010 WL 2541056 (Wis.)
June 25, 2010
US
Federal Court
Wisconsin
Supreme Court
Timothy W.Feeley
Del Chmielewski (court-appointed)
Bradley

Summary

State Supreme Court ratifies dissolution of corporation based on unenforceability of buy-sell agreement and its standard of “book value,” when general disarray and destruction of company records made determination of book value impossible.

See Also

Ehlinger v. Hauser (II)

State Supreme Court ratifies dissolution of corporation based on unenforceability of buy-sell agreement and its standard of “book value,” when general disarray and destruction of company records made determination of book value impossible.