Lack of Understanding of Excess Earnings Method Leads to Marital Award Reflecting Double Dipping
The issue in this marital dissolution was the perceived “double counting” of the husband’s excess earnings from his closely held corporation, Esco.
Steneken v. Steneken (I)
The issue in this marital dissolution was the perceived “double counting” of the husband’s excess earnings from his closely held corporation, Esco.
Marketability Discount for 'Extraordinary Circumstances' Not Warranted
The primary issue before the New Jersey Supreme Court in this dissenters' appraisal rights case is whether a marketability discount should be applied in determining the fair value of the dissenters' shares of Lawson Mardon Wheaton Inc. (Wheaton).
Lawson Mardon Wheaton, Inc. v. Smith (I)
At issue is how a court in a statutory appraisal action should determine the "fair value" of the shares of stock held by dissenting shareholders in a family-held corporation.
No Marketability Discount in New Jersey Dissenters' Rights Case
The primary issue before the New Jersey Supreme Court in this dissenters' appraisal rights case, decided the same day as Balsamides v. Protameen Chemicals Inc., is whether a marketability discount should be applied in determining the fair value of the dissenters' shares of Lawson Mardon Wheaton Inc. (Wheaton).
'Extraordinary Circumstances' Provide for 25% Marketability Discount
Twenty-six shareholders of Wheaton Inc. , a closely held family corporation, invoked their right to an appraisal and purchase of their shares pursuant to New Jersey statute.
Lawson Mardon Wheaton, Inc. v. Smith (II)
Frederick L. Whitmer argued the cause for all appellants except Frank H. Wheaton, III, Individually and as Custodian for Christopher Bainbridge Wheaton and Amanda Elizabeth Wheaton and Robert D. Robertson, a/k/a Robert Shaw (Pitney, Hardin, Kipp & S ...