In Buyout, Court Extols Expert’s Valuation and Legal Acumen

Business Valuation UpdateVol. 20 No. 8
Legal and Court Case Update
August 2014
5149 Groceries and Related Products, NEC
424490 Other Grocery and Related Products Merchant Wholesalers
judicial dissolution
buyout, capitalization of earnings, capitalization of income approach, discount for lack of marketability (DLOM), minority discount, pratt's stats (PS), dissolution, merged and acquired company method

Matter of Adelstein v. Finest Food Distributing Co. (II)
2014 N.Y. App. Div. LEXIS 2542
April 16, 2014
US
State Court
New York
Court of Appeals
Paul Marquez (petitioner); Brian Serotta (company/respondent)
Per Curiam

Summary

Appeals court affirms trial court’s valuation of oppressed shareholder’s minority interest in family business based on credentialed appraiser’s “clear, thorough, professional, and reliable” opinion and knowledge of New York valuation-related law.

See Also

Matter of Adelstein v. Finest Food Distributing Co. (II)

Appeals court affirms trial court’s valuation of oppressed shareholder’s minority interest in family business based on credentialed appraiser’s “clear, thorough, professional, and reliable” opinion and knowledge of New York valuation-related law.