No Marketability Discount in Fair Value Determination Pessimistic Earnings Projections Rejected in Favor of Reality-Based Projections

Business Valuation UpdateVol. 9 No. 2
Legal and Court Case Update
February 2003
3841 Surgical and Medical Instruments and Apparatus
339112 Surgical and Medical Instrument Manufacturing
dissenting shareholder

Hogle v. Zinetics Med., Inc.
2002 UT 121, 63 P.3d 80, 2002 Utah LEXIS 185
December 13, 2002
US
State Court
Utah
Supreme Court
Merrill R. Norman (for Zinetics)<br>Robert F. Reilly (for Hogle)
Howe

Summary

The issue in this dissenting shareholder action was whether the trial court erred in its valuation of the minority shareholders' Zinetics Medical Inc. stock pursuant to a forced sale of the stock to Zinetics' parent corporation, Medtronic Inc.

See Also

Hogle v. Zinetics Med., Inc.

At issue is the valuation of minority shareholder's interest in Zinetics Med, Inc.