Stock Valuation Provision Calling for Annual Revaluation Enforced

Business Valuation Update BVLaw
Legal and Court Case Update
March 26, 2004
3596 Scales and Balances, Except Laboratory
333997 Scale and Balance Manufacturing
judicial dissolution
shareholder dispute

Coyle v. Schwartz
2004 Ky. App. LEXIS 75
State Court
Court of Appeals
Alan N. Linker, David B. Mour, J. Gregory Troutman, Jeffrey A. Cross, R. Kenneth Kinderman


The Kentucky Court of Appeals held that a mutual agreement stock valuation provision, which called for the annual revaluation of the stock, was enforceable, despite the fact that the stock had not been revalued since the agreement was executed.

See Also

Coyle v. Schwartz

"Mutual Agreement" valuation method upheld as valid, partner required to accept 12-year old value for shares under stock purchase agreement because they never revalued them.