'Excess Capital' Issue in Dissent Case

Business Valuation UpdateVol. 5 No. 1
Legal and Court Case Update
January 1999
6021 National Commercial Banks
522210 Credit Card Issuing
dissenting shareholder
minority shareholder, investment value

Berens v. Ludwig
160 F.3d 1144, 1998 U.S. App. LEXIS 28797
November 17, 1998
US
Federal Court
7th Circuit
United States Court of Appeals
Posner

Summary

Marks Berens, minority shareholder in Marquette Bank Shakopee, was required to surrender his shares pursuant to a consolidation by the majority shareholder of the bank (a bank holding company).

See Also

Berens v. Ludwig

At issue is the valuation of the plaintiff's minority interest in a national bank.