Court rejects marketability discount under New Jersey

Business Valuation UpdateVol. 4 No. 8
Legal and Court Case Update
August 1998
5169 Chemicals and Allied Products, NEC
424690 Other Chemical and Allied Products Merchant Wholesalers
judicial dissolution
fair value

Balsamides v. Perle
712 A.2d 673,1998 N.J. Super. LEXIS 281
June 17, 1998
US
State Court
New Jersey
Court of Appeals
Thomas Hoberman (for plaintiff) <br> Robert Ott (for defendant)
Dreier

Summary

The main issues in this case were the valuation techniques used to value Perle's (the defendant's) half interest in the business that he was ordered to sell to Balsamides (the plaintiff).

See Also

Balsamides v. Perle

At issue is the valuation of a chemical corporation.