Summary
Appellate court rules that a buy-sell provision at book value is not unconscionable and confirms buyout of deceased partner, despite leaving remaining partner with a fair market value nearly 60 times greater than buyout price.
See Also
Estate of Cohen v. Booth Computers
Appellate court rules that a buy-sell provision at book value is not unconscionable and confirms buy-out of deceased partner, despite leaving remaining partner with a fair market value nearly 60 times greater than buy-out price.