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

Business Valuation UpdateVol. 18 No. 1
Legal and Court Case Update
January 2012
4899 Communications Services, NEC
dissenting shareholder

Shawnee Telecom Resources, Inc. v. Brown (Shawnee II)
354 S.W.3d 542 (Ky. 2011)
October 27, 2011
US
State Court
Kentucky
Supreme Court
James Roller (plaintiff/company); Marc Ray (dissenting shareholder/defendant)
Abramson

Summary

Kentucky Supreme Court agrees with appellate court regarding the preclusion of minority and marketability discounts in statutory appraisals for dissenters’ actions, but finds that net asset value method is proper to consider along with “generally accepted ...

See Also

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

Kentucky Supreme Court agrees with appellate court regarding the preclusion of minority and marketability discounts in statutory appraisals for dissenters’ actions, but finds that net asset value method is proper to consider along with “generally accepted ...