Forecasts of Future Revenue, Alone, Insufficient to Determine Market Value
Future forecasts, alone, are insufficient to support market value calculations ...
Susan Fixel, Inc. v. Rosenthal & Rosenthal, Inc.
Future forecasts, alone, are insufficient to support market value calculations ...
Fair Value and Fair Market Value Identical in Florida Corporate Dissolution
The issue in this corporate dissolution was the value of Enrique Garcia’s 50% interest in a closely held corporation, G&G Fashion Design Inc., which operated two clothing stores.
G & G Fashion Design, Inc. v. Garcia
Trial court accepted value of a real arm's length offer as evidence for valuation, which held.
In re Frederick's of Hollywood, Inc. Shareholders Litigation
At issue is breach of fiduciary duties of care and loyalty by failing to obtain the highest available price for shareholders in the sale of Frederick's.
Exculpatory Clause Saves Frederick's of Hollywood Directors From Breach of Duty of Care Claim
This breach of fiduciary duty case came before the Delaware Court of Chancery on defendants' motion to dismiss.
Frederick's of Hollywood Stock Not Aggregated for Valuation; 25% Blockage Discount Applied
Decedent, the widow of Frederick N. Mellinger, held Frederick's of Hollywood stock in three capacities: (1) as income beneficiary of a QTIP irrevocable marital trust her predeceased husband established under IRC § 2056(b)(7); (2) as beneficiary of a revocable trust that she established herself; and (3) 50 shares outright.
Creel v. Lilly
At issue is whether or not the estate of a deceased partner can demand liquidation of partnership assets in order to arrive at the true value of the business.
Court Asks Whether Deceased Partner's Estate Can Demand Business's Liquidation for True Value
The issue in this case is whether Maryland's Uniform Partnership Act (UPA) allows the estate of a deceased partner to demand liquidation of the assets of the partnership in order to ascertain the value of the business.
Estate of Mellinger v. Commissioner of Internal Revenue
At issue is the valuation of the decedent's stock at death.