Fair Value Standard Provides ‘Excessive Relief’ When Oppressed Shareholder Wants to Sell

Business Valuation UpdateVol. 17 No. 6
Legal and Court Case Update
June 2011

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judicial dissolution
Ritchie v. Rupe
2011 WL 206845 (Neb. App.)
March 28, 2011
US
State Court
Texas
Court of Appeals
Donald Latin, Richard Latin, and Alan Tolmas (minority shareholder)
Moseley

Summary

Texas Court of Appeals affirmed availability of forced buyout remedy for shareholder oppression and held that, when minority oppressed shareholder wants to sell, the fair market value standard (including discounts) is appropriate.

See Also

Ritchie v. Rupe

Full Text of Court Cases
March 28, 2011

Texas Court of Appeals affirmed availability of forced buy-out remedy for shareholder oppression and held that when minority oppressed shareholder wants to sell, the fair market value standard (including discounts) is appropriate.