Richard Hall v. Donald King
The New York Supreme Court, New York County concluded that the fair value of a minority interest in a antique furniture reproduction company for the purposes of a buyout to avoid dissolution under the Business Corporation Law could be determined using the ...
Net Asset Approach Sets Value in Corporate Buyout Proceeding
The Supreme Court, New York County, considered whether the net asset approach could be used to value a minority shareholder's interest for the purposes of a corporate buyout under B.C.L. 1118.
EEC Property v. Kaplan
At issue is breach of fiduciary duty.
Supreme Court Upholds Superior Court's Valuation of One-Third Ownership
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.
Ex Parte Communications Invalidate Arbitrator's Award
At issue is whether ex parte communication by an appraiser in determining a combined minority and marketability discount constituted "undue means" and therefore invalidated the use of the discounts in reaching the valuation conclusion.
More Court Cases... Damages: Mallinga v. Harvey Family Medical Center
Plaintiff, a 25% shareholder in South Shore Medical Group, filed a complaint against Harvey Family Medical Center and South Shore Medical Group alleging that defendants diminished corporate assets resulted in personal gain to themselves and to the detriment of the plaintiff and that defendants failed to provide compensation to plaintiff for medical services he rendered to health maintenance organization (HMO) patients.
Wojdak v. Greater Philadelphia Cablevision, Inc.
Issue was whether ex parte communications with third parties by an arbitrator constituted undue means and invalidated the arbitrator's award.
Mallinga v. Harvey Family Medical Center
At issue is the valuation of South Shore HMO Management Group, Inc, a foundation created by the plaintiff and the three individual defendant doctors.
Arnold D. Waller v. American International Distribution Corporation, et al.
The Vermont Supreme Court affirmed the lower court valuation of a company using the discounted future earning method in a oppressed shareholder action. The Supreme Court further affirmed the lower court's normalization of the company's earnings and the r ...
Minority Discount Inapplicable Where Majority Oppression Evidenced
The Vermont Supreme Court affirmed the lower court valuation of a company using the discounted future earning method in a oppressed shareholder action.
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.
Michael H. Lauritzen v. Richard and Cynthia Gohlke
The Wisconsin Court of Appeals affirmed in part and reversed in part the price paid for a corporation in a judicial dissolution of the business. Both parties were 50% shareholders. They each bid for the business' assets. Lauritzen outbid Gohlke. Furthe ...
Goodwill Not Partnership Asset Subject to Division
Two partners in a Texas radiology practice partnership, Salinas and Salazar, decided to terminate the partnership.
Establishing 'Realistic Value' Important When Challenging Liquidation Sale Price
The Wisconsin Court of Appeals affirmed in part and reversed in part the price paid for a corporation in a judicial dissolution of the business.
Meyer v. Lofgren
The valuation issue is whether goodwill should be considered in valuing an accounting partnership.
Richter v. Achs
Two plaintiffs and three defendants formed a closely held company, defendant A-Train Video Inc., where each individual shareholder was also a director holding 20% of the company's stock.
No Probative Evidence—Reversed and Remanded
The valuation issue is that of business contracts, a telephone number, and 50% ownership of a seven-month-old commercial insulation company.
Salinas v. Rafati
At issue is consider whether an award to a physician for his interest in a professional partnership upon dissolution is supported by any evidence and whether the intangible assets of the disolved partnership include the goodwill and earning capacities.
Meyer v. Lofgren
At issue is the whether goodwill should be included in the fair value of a CPA partnership.
Richter v. Achs
At issue is a dispute about the valuation of the plaintiff's shares of stock in a video corporation and whether defendants met secretly, withheld funds from the corporation, and put corporate receivables into a new bank account.
Cohen v. Four Way Features, Inc.
240 A.D.2d 225, 659 N.Y.S.2d 735 (N.Y. App. Div. June 12, 1997), Judge Murphy, affirming In re Cohen, 636 N.Y.S.2d 994 (N.Y. Sup. Ct. Dec. 29, 1995). Judge Crane.
Cohen v. Four Way Features, Inc.
In these corporate dissolution proceedings, at issue was the fair value of the petitioner’s minority interest in a closely held corporation.
Cinque v. Largo Enterprises
212 A.D.2d 608, 622 N.Y.S.2d 735 (N.Y. App. Div. Feb. 14, 1995). Judge Thompson.
Cinque v. Largo Enterprises
In a proceeding to dissolve a closely held corporation under New York statutory law, the corporation appealed a judgment determining the fair value of the minority shareholder’s shares.
Charland v. Country View Golf Club, Inc.
The issue is whether to apply minority and marketability discounts in a situation in which a corporation elects to buy out a shareholder who has filed for dissolution.