Parties’ Valuation Contract Precludes Review of Minority Discount

Business Valuation UpdateVol. 22 No. 5
Legal and Court Case Update
May 2016

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5511 Motor Vehicle Dealers (New and Used)
441110 New Car Dealers
judicial dissolution
fair value, fair market value (FMV), minority shareholder, discount for lack of control (DLOC)
Curran v. Curran
2016 Conn. Super. LEXIS 77
January 12, 2016
US
State Court
Connecticut
Superior Court
Gordon G. Wisbach (plaintiff and defendant)
Sheridan

Summary

In share buyback case where parties agree to retain joint appraiser, whom they know from past appraisals of company, and commit to be bound by appraiser’s valuation, court declines to consider seller’s challenge to appraiser’s use of minority discount.

See Also

Curran v. Curran

Full Text of Court Cases
January 12, 2016

In share buyback case where parties agree to retain joint appraiser, whom they know from past appraisals of company, and commit to be bound by appraiser’s valuation, court declines to consider seller’s challenge to appraiser’s use of minority discount.