Damages for Excessive Officer Compensation Duplicative When Valuation Accounts for Both

Business Valuation UpdateVol. 12 No. 6
Legal and Court Case Update
June 2006

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1622 Bridge, Tunnel, and Elevated Highway Construction
237310 Highway, Street, and Bridge Construction
buy/sell agreement
Wells v. C.J. Mahan Construction Co., et al.
2006 Ohio App. LEXIS 1655
April 11, 2006
US
State Court
Ohio
Court of Appeals
Eugene R. Butler, Gerald P. Ferguson, James E. Johnston, James R. Leickly, Philip F. Downey, Tamara J. Derricotte
Gregory O’Hara (plaintiff/appellee)
McGrath

Summary

Comprehensive valuation precludes damages award for excessive officer compensation and distributions.

See Also

Wells v. C.J. Mahan Construction Co., et al.

Full Text of Court Cases
April 11, 2006

Comprehensive valuation precludes damages award for excessive officer compensation and distributions.