Discovery Evidence Casts Doubt on Valuator’s Independence

Business Valuation UpdateVol. 21 No. 8
Legal and Court Case Update
August 2015
1542 General Contractors-Nonresidential Buildings, Other than Industrial Buildings and Warehouses
236220 Commercial and Institutional Building Construction
dissenting shareholder
expert testimony, fair value, asset approach, statutory appraisal, accounts receivable, arm's length

TWC I, L.L.C. v. Damos
2015 Iowa App. LEXIS 438
May 20, 2015
US
State Court
Iowa
Court of Appeals
Eric Engstrom (plaintiffs); Ronald Nielsen (defendant)
Vogel

Summary

Appeals court affirms fair value determination in statutory appraisal, finding trial court properly assessed expert testimony against background of seller’s financial condition and circumstances surrounding sale; purchase price was relevant consideration.

See Also

TWC I, L.L.C. v. Damos

Appeals court affirms fair value determination in statutory appraisal, finding trial court properly assessed expert testimony against background of seller’s financial condition and circumstances surrounding sale; purchase price was relevant consideration.