No 'Accountancy' Approach; Court Upholds Arbitration

Business Valuation UpdateVol. 2 No. 2
Legal and Court Case Update
February 1996

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8021 Offices and Clinics of Dentists
621210 Offices of Dentists
buy/sell agreement
generally accepted accounting principles (GAAP), arbitration
Gregory J. Grambow v. Associated Dental Services
199 Wis. 2d 522,546 N.W.2d 578
January 9, 1996
US
State Court
Wisconsin
Court of Appeals
Sullivan

Summary

Gregory J. Grambow, former president of Associated Dental Services Inc., (ADS Inc.), had 20% stock interest in ADS Inc.

See Also

Gregory J. Grambow v. Associated Dental Services

Full Text of Court Cases
January 9, 1996

At issue is whether the determination of the value of Grambow's shares under a post-employment stock redemption plan is not subject to arbitration and, therefore, the arbitrators exceeded their authority when they determined the value of the shares.