Oregon Court of Appeals Finds No Minority Discount Applies in Buyout of Oppressed Shareholder

Business Valuation Update BVLaw
Legal and Court Case Update
March 11, 1999
2824 Manmade Organic Fibers, Except Cellulosic
325220 Artificial and Synthetic Fibers and Filaments Manufacturing
buy/sell agreement
buy-sell agreement, fair value, breach of fiduciary duty

Tifft v. Stevens
162 Ore. App. 62,987 P.2d 1
State Court
Court of Appeals
Greg Gilbert (for Tifft)<br>Ralph Arnold, III (for Stevens)
De Muniz


Three shareholders formed VPI, a custom manufacturing corporation.

See Also

Tifft v. Stevens

At issue is the oppression of minority shareholder Tifft by Stevens and also a violation of noncompetition and nonsolicitation provisions of the shareholder buy-sell agreement by Tifft.