High Court Pushes Back on Mandatory Discounts in Fair Value Determinations

Business Valuation UpdateVol. 22 No. 7
Legal and Court Case Update
July 2016

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (1,512 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
0191 General Farms, Primarily Crop
111998 All Other Miscellaneous Crop Farming
judicial dissolution
expert testimony, fair value, discount for lack of marketability (DLOM), minority interest, discount for lack of control (DLOC), dissolution
Wagner v. Wagner
2016 Ida. LEXIS 128
April 27, 2016
US
State Court
Idaho
Supreme Court
Dennis Reinstein (plaintiffs/respondents/minority); Paul Hyde (defendants/appellants/majority)
Horton

Summary

In key ruling, state high court “expressly” rejects bright-line requirement to apply minority and marketability discounts in all fair value determinations; court says discounts are “just another fact that a court may consider in determining fair value.”

See Also

Wagner v. Wagner

Full Text of Court Cases
April 27, 2016

In key ruling, state high court “expressly” rejects bright-line requirement to apply minority and marketability discounts in all fair value determinations; court says discounts are “just another fact that a court may consider in determining fair value.”