Marketability discount appropriate in New Jersey minority oppression case

Business Valuation Update BVLaw
Legal and Court Case Update
July 14, 1999
5169 Chemicals and Allied Products, NEC
424690 Other Chemical and Allied Products Merchant Wholesalers
judicial dissolution
fair value

Balsamides v. Protameen Chemicals
160 N.J. 352, 734 A.2d 721, 1999 N.J. LEXIS 836
US
State Court
New Jersey
Supreme Court
Thomas J. Hoberman, CPA (for Balsamides)<br>Robert E. Ott, CFA (for Perle)
Garibaldi

Summary

The primary issue in this case, decided the same day as Lawson Mardon Wheaton, Inc. v. Smith , was whether a marketability discount should be applied is determining the fair value to be ...

See Also

Balsamides v. Protameen Chemicals

At issue is whether in this judicially ordered buy-out the trial court should have applied a "marketability discount" to determine the "fair value" of Perle's shares, a fifty percent shareholder of Protameen Chemicals.