Net Asset Approach Sets Value in Corporate Buyout Proceeding

Business Valuation Update BVLaw
Legal and Court Case Update
May 21, 1998
5932 Used Merchandise Stores
453310 Used Merchandise Stores
judicial dissolution

Richard Hall v. Donald King
675 N.Y.S.2d 810 (Sup. 1998)
State Court
New York
Supreme Court
Paul Mallarkey <br> William Lockwood <br> Doreen Johns <br>


The Supreme Court, New York County, considered whether the net asset ap­proach could be used to value a minority shareholder's interest for the purposes of a corpo­rate buyout under B.C.L. 1118.

See Also

Richard Hall v. Donald King

The New York Supreme Court, New York County concluded that the fair value of a minority interest in a antique furniture reproduction company for the purposes of a buyout to avoid dissolution under the Business Corporation Law could be determined using the ...