Shareholder Agreement Controls Valuation in Breach of Contract Action

Business Valuation UpdateVol. 8 No. 12
Legal and Court Case Update
December 2002

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8011 Offices and Clinics of Doctors of Medicine
621111 Offices of Physicians (except Mental Health Specialists)
breach of fiduciary duty
breach of fiduciary duty
Biren v. Equality Emergency Med. Group
102 Cal. App. 4th 125, 125 Cal. Rptr. 2d 325, 2002 Cal. App. LEXIS 4671
September 19, 2002
US
State Court
California
Court of Appeals
Barbara Roller (for Equality) <br> Daryl Favale (for Equality)
Gilbert

Summary

One of the issues in this breach of contract and breach of fiduciary duty case was the value of plaintiff Biren's 20% interest in Equality Emergency Medical Group, Inc. and E.E.M.G.-SIMI, Inc. (collectively "Equality") to be redeemed by the corporations.

See Also

Biren v. Equality Emergency Med. Group

Full Text of Court Cases
September 19, 2002

Iissue in this breach of contract and breach of fiduciary duty case was the value of Biren's 20% interest in healthcare businesses to be redeemed by the corporations.