Punitive Damages Allowed and Minority Interest Discount Rejected When Majority Oppression Is Evidenced

Business Valuation Update BVLaw
Legal and Court Case Update
November 30, 1998

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3724 Aircraft Engines and Engine Parts
336412 Aircraft Engine and Engine Parts Manufacturing
breach of fiduciary duty
G & N Aircraft, et al. v. Erich Boehm
703 N.E.2d 665 (Ind. Ct. App. 1998)
US
State Court
Indiana
Court of Appeals

Summary

The Indiana Court of Appeals affirmed the trial court's decision to award a minority shareholder the fair value of his interest in a court ordered buyout following a minority freeze out.

See Also

G & N Aircraft, et al. v. Erich Boehm

Full Text of Court Cases
November 30, 1998

The Indiana Court of Appeals affirmed the trial court's decision to award a minority shareholder the fair value of his interest in a court ordered buyout following a minority freeze out. The court affirmed the lower court's decision denying the applicati ...