Supreme Court Upholds Superior Court's Valuation of One-Third Ownership

Business Valuation UpdateVol. 4 No. 4
Legal and Court Case Update
April 1998
8711 Engineering Services
541330 Engineering Services
judicial dissolution

Carver v. Quality Inspection and Testing
946 P.2d 450
October 31, 1997
State Court
Supreme Court
Gerald Richards (for defendant) Paul Taylor (for plaintiff)


Shareholder of a closely held corporation, William Carver, appeals from the Superior Court's judgment valuing his 33.3% ownership interest in Quality Inspection and Testing, despite the Superior Court entering judgment in favor of Carver, finding the company's value at dissolution to be $20,000.

See Also

Carver v. Quality Inspection and Testing

At issue is the valuation of the plaintiff's one-third ownership interest in a closely-held corporation, Quality Inspection and Testing, Inc. (QIT-I), following its dissolution.