Use of Projected Income Upheld in Valuation for Dissenting Shareholder Action

Business Valuation Update BVLaw
Legal and Court Case Update
January 8, 1996
5411 Grocery Stores
445110 Supermarkets and Other Grocery (except Convenience) Stores
dissenting shareholder

Jeffrey D. Chokel v. First National Supermarkets, Inc.
660 N.E.2d 644 (Mass. 1996)
US
State Court
Massachusetts
Supreme Court
Abrams

Summary

The Massachusetts Supreme Court affirmed the lower court's valuation of stock using the Delaware Block method in this dissenting shareholder action.

See Also

Jeffrey D. Chokel v. First National Supermarkets, Inc.

The Massachusetts Supreme Court affirmed the lower court's valuation of stock using the Delaware Block method in this dissenting shareholder action. In doing so, it affirmed the lower court's use of projected future earnings instead of historical earnings ...