Court Reverses Order to Dismiss Fraud Case

Business Valuation UpdateVol. 3 No. 8
Legal and Court Case Update
August 1997

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fraud, shareholder agreement, fairness opinion
Bernstein v. Kelso
231 A.D.2d 314, 659 N.Y.S.2d 276, 1997 N.Y. App. Div. LEXIS 7053
July 1, 1997
US
State Court
New York
Supreme Court
Nardelli

Summary

At issue is whether the lower court properly dismissed a complaint on the basis of failure to state a cause of action.

See Also

Bernstein v. Kelso

Full Text of Court Cases
July 1, 1997

At issue is whether the management employees of a corporation scheming with a potential buyer to sell the corporation at the lowest possible price the principal and other shareholders would accept.