Expand the following panels for additional search options.

Magarik v Kraus

In buyout dispute, court rejects departing shareholder’s valuation based on income and market approach, where DCF model relied on company projections used for a bank loan that were never realized and, based on evidence, were “not accurate”; court says market approach used “incorrect comparables.”

Court Discredits Valuation Based on Unrealistic Projections and Incorrect Comparables

In buyout dispute, court rejects departing shareholder’s valuation based on income and market approach, where DCF model relied on company projections used for a bank loan that were never realized and, based on evidence, were “not accurate”; court says market approach used “incorrect comparables.”

Key Tax Ruling From Ohio Supreme Court Concerning Pass-Through Entity

Ohio Supreme Court says tax provision imposing state income tax on capital gain realized by nonresident investor in pass-through entity violates taxpayer’s due process rights barring showing taxpayer’s activities are “unitary with” those of the business.

Key Tax Ruling From Ohio Supreme Court Concerning Pass-Through Entity

Ohio Supreme Court says tax provision imposing state income tax on capital gain realized by nonresident investor in pass-through entity violates taxpayer’s due process rights barring showing taxpayer’s activities are “unitary with” those of the business.

Corrigan v. Testa

Ohio Supreme Court says tax provision imposing state income tax on capital gain realized by nonresident investor in pass-through entity violates taxpayer’s due process rights barring showing taxpayer’s activities are “unitary with” those of the business.

Loss of Multimillion-Dollar Damages Shows Appraisers’ Need to Know the Law of the Case

Court finds evidence of indivisible lost profits damages insufficient when law specifically requires a separate breakdown of damages caused by each defendant in breach of contract case.

Dana Corp. v. Microtherm, Inc.

Court finds evidence of indivisible lost profits damages insufficient when law specifically requires a separate breakdown of damages caused by each defendant in breach of contract case.

Revised Opinion on Rehearing

In the February 2002 issue, we abstracted the Dec. 10, 2001, opinion in this case. Both parties filed petitions for rehearing, which were granted. This opinion on rehearing replaces the original opinion. The only material change in the new opinion addresses when the withdrawing partner's debt to the partnership should be offset.

No Evidence to Support 'Going Concern Value' Adjustment

This is an appeal by the remaining partners of the trial court's findings in determining the value of the withdrawing partner's partnership interest as of the date of dissolution.

Marengo v. Bowen

NOTICE:  THIS OPINION WAS REPLACED AFTER REHEARING.  WE HAVE KEPT THE ORIGINAL OPINION HERE FOR REFERENCE AND COMPARISON PURPOSES.

10 results