Illiquidity Discount Should Be Applied

Business Valuation Update BVLaw
Legal and Court Case Update
October 28, 1999
shareholder dissent/oppression

Matter of Greek Peak, Inc. v. Harold A. Armstrong, et al.
697 N.Y.S.2d 375 (A.D. 3 Dept. 1999)
US
State Court
New York
Supreme Court
William Edwards <br> Paul Grier <br>
Graffeo

Summary

The New York Supreme Court, Appellate Division, 3rd Department, determined that the lower court erred when it accepted a valuation of a minority shareholder's stock.

See Also

Matter of Greek Peak, Inc. v. Harold A. Armstrong, et al.

The New York Supreme Court, Appellate Division, Third Department determined that the lower court erred when it accepted a valuation of a minority shareholder's stock which considered apprection resulting from the dissented to event and which did not consi ...