Minority Discount Denied in Forced Sale to Controlling Shareholder

Business Valuation Update BVLaw
Legal and Court Case Update
March 2, 2001

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3724 Aircraft Engines and Engine Parts
336412 Aircraft Engine and Engine Parts Manufacturing
breach of fiduciary duty
G&N Aircraft, Inc., et al. v. Erich Boehm
734 N.E.2d 227 (Ind. 2001)
US
State Court
Indiana
Supreme Court
Boehm

Summary

The Indiana Supreme Court affirmed the lower court’s decision denying the application of a minority discount in an oppressed shareholder matter.

See Also

G&N Aircraft, Inc., et al. v. Erich Boehm

Full Text of Court Cases
March 2, 2001

The Indiana Supreme Court affirmed the lower court’s decision denying the application of a minority discount in an oppressed shareholder matter. The court also noted that the forced sale is an appropriate remedy in oppressed shareholder actions, but caref ...