Fair Value Does Not Equal the Sale Price When Seller Is Under a Compulsion to Sell

Business Valuation Update BVLaw
Legal and Court Case Update
December 23, 1998
3295 Minerals and Earths, Ground or Otherwise Treated
212399 All Other Nonmetallic Mineral Mining
shareholder dissent/oppression
fair value

Ely, Inc. v. Wiley
587 N.W.2d 465,1998 Iowa Sup. LEXIS 293
State Court
Supreme Court
Paul Much (for appellant) <br> Yale Kramer (for appellant)
Harris, Carter, Lavorato, Neuman, Snell


The Iowa Supreme Court reversed the appellate court's valuation and reinstated the decision of the trial court in this dissenting shareholder action. The trial court rejected an appraisal of the subject company based on the transaction giving rise to the ...

See Also

Ely, Inc. v. Wiley

At issue is the valuation of the appellee's stock by the appellant's expert witness.