Ky. Adopts Majority Rule in Statutory Fair Value Determinations (Shawnee I)

Business Valuation UpdateVol. 18 No. 1
Legal and Court Case Update
January 2012

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4899 Communications Services, NEC
shareholder dissent/oppression
Shawnee Telecom Resources, Inc. v. Brown (Shawnee I)
2009 Ky. App. Unpub. LEXIS 675
August 14, 2009
US
State Court
Kentucky
Court of Appeals
James Roller (plaintiff/company); Marc Ray (dissenting shareholder/defendant)
Stumbo

Summary

Kentucky Court of Appeals precludes the net asset value method as well as marketability and minority discounts in statutory fair value determination of dissenting shareholder’s interests.

See Also

Shawnee Telecom Resources, Inc. v. Brown (Shawnee I)

Full Text of Court Cases
August 14, 2009

Kentucky Court of Appeals precludes the net asset value method as well as marketability and minority discounts in statutory fair value determination of dissenting shareholder’s interests.