Life Insurance Proceeds Are Not Included in the Valuation when Intent Was to Fund Buyout

Business Valuation Update BVLaw
Legal and Court Case Update
September 27, 2005
8011 Offices and Clinics of Doctors of Medicine
buy/sell agreement

Charlotte Russell, et al. v. Howard Russell, Sr.
AC 25497 (Conn. App. 2005)
US
State Court
Connecticut
Court of Appeals
Barbara M. Schellenberg, Courtney A. George, John-Henry M. Steele, Richard L. Albrecht
Arthur Kuperman <br>

Summary

The Connecticut Court of Appeals considered whether the insurance proceeds a corporate entity received to partially fund the repurchase price of stock subject to a buy-sell agreement should be included in the value of that company for purposes of the buyout transaction.

See Also

Charlotte Russell, et al. v. Howard Russell, Sr.

The Connecticut Court of Appeals considered whether the insurance proceeds received by a corporate entity to partially fund the repurchase price of stock subject to a buy-sell agreement should be included in the value of that company for purposes of the b ...