Court Denies Lack of Marketability Discount in Fair Value Case
The issue in this minority oppression case concerning Chicago Metallic Corp. was the application of a marketability discount in determining fair value.
Jahn v. Kinderman
The issue in this case was discounts under minority oppression statutes.
Lack of Marketability Discount and Alleged Oppressive Acts Considered in the Fair Value Determination
The Illinois Court of Appeals, 1st Division, affirmed the lower court’s decision denying a discount for lack of marketability in a fair value determination originating in a statutory buyout to avoid dissolution.
Trust U/W of A.J. Woltering
At issue are breach of fiduciary duty by the trustee and the valuation of 100 shares of stock.
Valuation Rejected Because Expert Applied Inappropriate Adjustments and Discounts
A.J. Woltering died leaving 100 shares of Crown Industries Inc. stock in trust for the benefit of his son, Thomas, for life, with remainder to Thomas' three daughters.