Preferred Stock Valued at Par Value

Business Valuation Update BVLaw
Legal and Court Case Update
December 30, 2005
5172 Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals
424720 Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
marital dissolution/divorce

Robert Myles Hall v. Nancy Kay Hall
2005 WY 167
US
State Court
Wyoming
Supreme Court
Glenn M. Ford, Joeph F. Moore Jr., Katherine L. Mead
Golden

Summary

The Wyoming Supreme Court affirmed the valuation of closely held preferred stock at par value rather than market value because par value of preferred stock impacts book value, liquidation value, and dividend rights. It further held that potential tax cons ...

See Also

Robert Myles Hall v. Nancy Kay Hall

The Wyoming Supreme Court affirmed the valuation of closely held preferred stock at par value rather than market value because par value of preferred stock impacts book value, liquidation value, and dividend rights. It further held that potential tax cons ...