Montana Supreme Court Finds Dissenters Owed Fair Value for Shares

Business Valuation UpdateVol. 4 No. 7
Legal and Court Case Update
July 1998
0291 General Farms, Primarily Livestock and Animal Specialties
112990 All Other Animal Production
dissenting shareholder
fair value, income approach, asset approach, fair market value (FMV), going concern

Hansen v. 75 Ranch Company
957 P.2d 32, 1998 Mont. LEXIS 55
April 9, 1998
US
State Court
Montana
Supreme Court
Watts (for minority shareholders) <br> Gilbert (for majority shareholders)
Leaphart, Turnage, Nelson

Summary

Minority shareholder family members appeal a decision denying them the ability to exercise dissenting shareholders' rights under the Montana Business Corporation Act.

See Also

Hansen v. 75 Ranch Company

At issue is breach of fiduciary duty by the majority shareholders of 75 Ranch Company.