Value Set Forth In Redemption Agreement Enforced Against Law Firm

Business Valuation Update BVLaw
Legal and Court Case Update
April 5, 2002

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contract
breach of contract, breach of fiduciary duty
Nelson v. Craner, et al.
No. SOM-L-1098-01 (N.J. Super. 2002)
US
State Court
New Jersey
Superior Court
Williams

Summary

The New Jersey Superior Court, Somerset County, determined the value for stock in a law firm as set forth in the firm’s shareholders’ agreement should be enforced in favor of a shareholder, who committed a breach of fiduciary duty.

See Also

Nelson v. Craner, et al.

Full Text of Court Cases
April 5, 2002

The New Jersey Superior Court, Somerset County, determined the value for stock in a law firm as set forth in the firm’s shareholders’ agreement should be enforced in favor of a shareholder, who committed a breach of fiduciary duty.