No Appraisers Needed Where Buy-Sell Agreement Specifies Board Determines FMV of Shares

Business Valuation UpdateVol. 11 No. 12
Legal and Court Case Update
December 2005

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. (205 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
2741 Miscellaneous Publishing
519130 Internet Publishing and Broadcasting and Web Search Portals
buy/sell agreement
buy-sell agreement, fair market value (FMV)
Daly v. Yessne
2005 Cal. App. LEXIS 1103
July 18, 2005
US
State Court
California
Court of Appeals
David M. Chaiken, E. David Marks, Edward A. Smith, Kenneth R. Van Vleck, Martin H. Myers, Robert P. Dudugjian
Elia

Summary

The Stock Repurchase Agreement of Staffing Industry Analysts Inc. (SIA) required that, upon termination of employment, an employee shareholder would have to sell (and the company to buy) all the shares she then owned.

See Also

Daly v. Yessne

Full Text of Court Cases
July 18, 2005

The Stock Repurchase Agreement of Staffing Industry Analysts, Inc. (SIA), required that upon termination of employment, an employee shareholder would have to sell (and the company to buy) all the shares she then owned.