'Net Asset Value' Rejected as Form of Liquidation

Business Valuation UpdateVol. 6 No. 4
Legal and Court Case Update
April 2000

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (1,190 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
6719 Offices of Holding Companies, NEC
551112 Offices of Other Holding Companies
shareholder dissent/oppression
fair value, net asset value, american institute of certified public accountants (AICPA), cash-out merger
Paskill Corp. v. Alcoma Corp.
747 A.2d 549,2000 Del. LEXIS 117
March 7, 2000
US
State Court
Delaware
Supreme Court
Holland

Summary

This appeal arose out of a cash-out merger of the minority stockholders of a closed-end investment fund known as Okeechobee Inc.

See Also

Paskill Corp. v. Alcoma Corp.

Full Text of Court Cases
March 7, 2000

At issue is the fair market value of minority shareholder's stock at the time of a merger.