Lack of Marketability Discount and Alleged Oppressive Acts Considered in the Fair Value Determination

Business Valuation Update BVLaw
Legal and Court Case Update
June 7, 2004

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3446 Architectural and Ornamental Metal Work
332323 Ornamental and Architectural Metal Work Manufacturing
judicial dissolution
Jahn v. Kinderman
2004 Ill. App. LEXIS 628
US
State Court
Illinois
Court of Appeals
McNulty

Summary

The Illinois Court of Appeals, 1st Division, affirmed the lower court’s decision denying a discount for lack of marketability in a fair value determination originating in a statutory buyout to avoid dissolution.

See Also

Jahn v. Kinderman

Full Text of Court Cases
June 7, 2004

The issue in this case was discounts under minority oppression statutes.