Court Upholds Minority Discount in Montana

Business Valuation UpdateVol. 2 No. 6
Legal and Court Case Update
June 1996
0291 General Farms, Primarily Livestock and Animal Specialties
112990 All Other Animal Production
dissenting shareholder

McCann Ranch v. Quigley-McCann
915 P.2d 239
April 18, 1996
US
State Court
Montana
Supreme Court
Turnage

Summary

Sharon McCann divorced after a 37-year marriage, and her property settlement included 600 of the couple's 1,200 shares of McCann Ranch Inc. (MRI) out of 2400 shares outstanding.

See Also

McCann Ranch v. Quigley-McCann

At issue is whether the District Court erred in applying a 25 percent minority discount in determining the value of defendant's 600 shares of MRI stock.