Value Under Buy-Sell Agreement Is Going-Concern Value

Business Valuation Update BVLaw
Legal and Court Case Update
February 18, 1998
7334 Photocopying and Duplicating Services
323111 Commercial Printing (except Screen and Books)
buy/sell agreement
liquidation, minority interest

Chatterton v. Business Valuation Research
90 Wn. App. 150,951 P.2d 353
State Court
Court of Appeals


The Washington Court of Appeals, Division III, determined that a minority shareholder's interest should be valued as a going concern less a minority discount for a sale completed according to a buy-sell agreement.

See Also

Chatterton v. Business Valuation Research

At issue is whether the buyout agreement precluded discounts for liquidation costs.