Uzielli v. Frank
The issue in this case, involving a dispute over the meaning of the operating agreement of Alph Company, LLC (Alph) as to how the company was to be valued upon the death of one its two members, was whether a federal district court could issue a declarator ...
Michelle Hayes v. Sheila Reynolds
The New York Supreme Court for the County of Monroe determined that the valuation provision in a buy-sell agreement should be enforced in a fair value determination occurring under BCL sec. 1118 (purchase of stock to avoid dissolution) where the buy-sell ...
Buy-Sell Agreement That Contemplates Avoiding Judicial Dissolution Enforced
The New York Supreme Court for the County of Monroe determined that the valuation provision in a buy-sell agreement should be enforced in a fair value determination occurring under BCL sec. 1118 (purchase of stock to avoid dissolution).
Richard Harris v. AHTNA, Inc.
The Alaska Supreme Court held that a put-and-call option buy-sell agreement must be symmetrical such that the price proposed by the offeror will be the same whether he buys or sells under that agreement. Therefore, it held that the inclusion of non-moneta ...
Alaska Supreme Court Considered a Put-and-Call Option in a Buy-Sell Agreement
The Alaska Supreme Court held that a put-and-call option buy-sell agreement must be symmetrical such that the price the offeror proposed will be the same whether he buys or sells under that agreement.
Sligo v. Nevois
At issue is the proper method and date for calculating the purchase price of Sligo stock.
Rosemann v. Roto-Die Inc. (II)
At issue in this case were the terms of the stock redemption agreement.
Change in Policy Breaches Good Faith Even If It Does Not Violate GAAP
The issue in this case was the admittance of evidence concerning the company’s book value.
Annazell Lemaster v. Top Level Printing Ink, et al.
The Texas Court of Appeals, Fifth District determined that a buy-sell agreement executed by a husband, but not ratified by the wife, could be enforced against the wife and the estate of her husband because it found that the stock was purchased with funds ...
Buy-Sell Agreement Using Book Value Enforced
The Texas Court of Appeals, Fifth District determined that a buy-sell agreement executed by a husband, but not ratified by the wife, could be enforced against the wife and the estate of her husband because it found that the stock was purchased with funds ...
Eggett v. Wasatch Energy Corporation
Issue was whether former officer and stockholder was entitled to book value or par value under the parties' shareholder agreement.
Parties Held to GAAP Valuation Methodology Under Buy-Sell Agreement
An employee sued his former employer, claiming it breached the implied covenant of good faith and fair dealing.
Smith v. Grand Canyon Expeditions Company
Appellant argues that net book value arrived at by Grand Canyon too low despite buy-sell agreement specifying net book value as accepted valuation method.
Shareholder Agreement Using Par Value Enforced
Timothy Strickland was a former employee and shareholder of CADD Centers of Florida Inc.
Fraud Claim Dismissed Where Plaintiff Did Not Read Shareholder Agreement
Plaintiff Richard Sullivan worked for Mebane Packaging Group Inc. (MPG) from 1978 until 1999.
CADD Centers of Florida, Inc. v. Strickland
The issue in this case was the par value of a former employee and shareholder’s stock pursuant to a shareholder agreement.
Sullivan v. Mebane Packaging Group, Inc.
Issue is whether former employee had a claim for fraud based on his sale of stock to the company president where he failed to exert his rights under the shareholder agreement.
Nordholm v. Herlache Industrial Supply Co., Inc.
At issue is whether the plaintiff waived his right to or was estopped from pursuing a second stock valuation.
FMV Formula in Agreements Requires Inclusion of All Assets
One of the issues in this case was whether the trial court erred in using a book valuation method in determining share price.
Net Asset Value Required by Terms of Agreement
The issue in this appeal after remand was the method to be used for valuing the stock of MCC Inc. , a ready-mix concrete, mining, and road paving business, for the purpose of a corporate redemption under a shareholder agreement.
Shriner v. Sheehan
One of the issues in this case was whether the trial court erred in using a book valuation method in determining share price.
Murphy v. MCC, Inc. (II)
Suit filed to interpret stock redemption agreement.
Murphy v. MCC, Inc. (II)
Suit filed to interpret stock redemption agreement.
Price Term in Stock Redemption Agreement Held Ambiguous
Defendant Roto-Die Inc. is a family-owned business that manufactures rotary dies.
Rosemann v. Roto-Die, Inc. (I)
This action is the fourth suit filed by plaintiff against defendant seeking compensation for his stock on various grounds.