Marketability Discount Permitted in Shareholder Buyout

Business Valuation Update BVLaw
Legal and Court Case Update
November 15, 1999
2051 Bread and Other Bakery Products, Except Cookies and Crackers
311812 Commercial Bakeries
judicial dissolution

Matter of Hahn v. Hahn's Old Fashioned Cake Co., Inc.
NYLJ, November 18, 1999
US
State Court
New York
Supreme Court
Martin Randisi, CPA <br> Thomas Giordano <br>
Underwood, Jr.

Summary

The New York Supreme Court, Suffolk County, considered the value of a business for the purposes of a shareholder buyout.

See Also

Matter of Hahn v. Hahn's Old Fashioned Cake Co., Inc.

The New York Supreme Court, Suffolk County considered the value of a business for the purposes of a shareholder buyout. It considered the expert's testimony using Rev. Rul. 59-60. The court noted that the application of a minority discount was improper u ...