'Extraordinary Circumstances' Provide for 25% Marketability Discount

Business Valuation UpdateVol. 4 No. 12
Legal and Court Case Update
December 1998
3229 Pressed and Blown Glass and Glassware, NEC
327212 Other Pressed and Blown Glass and Glassware Manufacturing
shareholder dissent/oppression

Lawson Mardon Wheaton, Inc. v. Smith (II)
315 N.J. Super. 32, 716 A.2d 550, 1998 N.J. Super. LEXIS 375
August 26, 1998
State Court
New Jersey
Court of Appeals
George Weiksner (for Lawson), Mark Lee (for Smith)


Twenty-six shareholders of Wheaton Inc. , a closely held family corporation, invoked their right to an appraisal and purchase of their shares pursuant to New Jersey statute.

See Also

Lawson Mardon Wheaton, Inc. v. Smith (II)

Frederick L. Whitmer argued the cause for all appellants except Frank H. Wheaton, III, Individually and as Custodian for Christopher Bainbridge Wheaton and Amanda Elizabeth Wheaton and Robert D. Robertson, a/k/a Robert Shaw (Pitney, Hardin, Kipp & S ...