Derivative Causes of Action Should Be Considered When Determining Fair Value

Business Valuation Update BVLaw
Legal and Court Case Update
June 30, 1999

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tort
Richard A. Small v. Paul Sussman, et al.
No. 1-98-1113 (Ill. App. 1 Dist. 1999)
US
State Court
Illinois
Court of Appeals
Zwick

Summary

The Illinois Court of Appeals affirmed the lower court's refusal to permit a minority shareholder from bringing a derivative action as a direct action against the majority shareholder in addition to the pending appraisal action.

See Also

Richard A. Small v. Paul Sussman, et al.

Full Text of Court Cases
June 30, 1999

The Illinois Court of Appeals affirmed the lower court's refusal to permit a minority shareholder from bringing a derivative action as a direct action against the majority shareholder in addition to the pending appraisal action. The court noted that the v ...