Liquidated Business Valued as Going Concern

Business Valuation Update BVLaw
Legal and Court Case Update
October 31, 2000
2321 Men's and Boys' Shirts, Except Work Shirts
315210 Cut and Sew Apparel Contractors
breach of contract, debt

Bank One Milwaukee v. Williams Bay Trading Co.
2000 WI App. 256, 239 Wis. 2d 593, 620 N.W.2d 482, 2000 Wisc. App. LEXIS 1059
State Court
Court of Appeals
Robert Vrakas (for Bank One)<br>Dan Gotter (for Williams Bay)
Per curiam


The Wisconsin Court of Appeals concluded that the shareholder loans should be removed when determining the value of stock in a closely held corporation where one person owns all the stock.

See Also

Bank One Milwaukee v. Williams Bay Trading Co.

Bank One Milwaukee appealed the judgment of the Circuit Court for Milwaukee County to award damages and costs to Williams Bay Trading Co. on breach of contract and bad-faith claims.