Section 2000 Fair Value Assumes a Hypothetical Seller's Covenant Not to Compete

Business Valuation UpdateVol. 8 No. 4
Legal and Court Case Update
April 2002

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5421 Meat and Fish (Seafood) Markets, Including Freezer Provisioners
445210 Meat Markets
judicial dissolution
fair value, income approach, going concern, liquidation, market approach, noncompete agreement, forced sale, corporate dissolution
Mart v. Severson
95 Cal. App. 4th 521, 115 Cal. Rptr. 2d 717, 2002 Cal. App. LEXIS 791
January 23, 2002
US
State Court
California
Court of Appeals
Stephen A. Stewart (for court) <br> Gregory Barber (for plaintiff) <br> Gregory J. Nachtwey (for defendant)
Haerle

Summary

This was a voluntary corporate dissolution proceeding.

See Also

Mart v. Severson

Full Text of Court Cases
January 23, 2002

In voluntary corporate dissolution proceeding, Severson exercised his right under Cal. Corp. Code section 2000 to purchase Mart's shares at their fair value to avoid dissolution.