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Car Washes, Full-Service/Exterior

This U.S. industry comprises establishments primarily engaged in cleaning, washing, and/or waxing automotive vehicles, such as passenger cars, trucks, and vans, and trailers.

Car Washes, Coin Operated/Self-Service

This U.S. industry comprises establishments primarily engaged in cleaning, washing, and/or waxing automotive vehicles, such as passenger cars, trucks, and vans, and trailers.

Auto Detailing

This U.S. industry comprises establishments primarily engaged in cleaning, washing, and/or waxing automotive vehicles, such as passenger cars, trucks, and vans, and trailers.

Ohio Appellate Court Remands Value of Businesses for Determination of Active Appreciation

This matter involved cross-appeals from a divorce decree in Trumbull County, Ohio. The focus of this digest relates to cross-appeals relating to the values of the husband’s businesses and the matter of active appreciation on those businesses.

Fordeley v. Fordeley

This matter involved cross-appeals from a divorce decree in Trumbull County, Ohio. The focus of this digest relates to cross-appeals relating to the values of the husband’s businesses and the matter of active appreciation on those businesses.

Gerring Props. v. Gerring

In this shareholder oppression suit appeal, the Minnesota appellate court upheld the prejudicial conduct to an oppressed shareholder and affirmed the disallowance of a marketability discount. Further, the appellate court affirmed the trial court’s order for dissolution when the appellants failed to exercise the option to pay court-ordered stock-buyout amounts.

Minnesota Appellate Court Upholds Prejudicial Conduct to Oppressed Shareholder and Affirms Disallowance of Marketability Discount

In this shareholder oppression suit appeal, the Minnesota appellate court upheld the prejudicial conduct to an oppressed shareholder and affirmed the disallowance of a marketability discount. Further, the appellate court affirmed the trial court’s order for dissolution when the appellants failed to exercise the option to pay court-ordered stock-buyout amounts.

Lack of Due Diligence and Industry Experience Lead to Loss of $4 Million in Damages

Expert’s lost profits analysis fails for lack of industry experience, objective analysis, or data.

Total Clean, LLC v. Cox Smith Matthews, Inc.

Comprehensive research and analysis lend credibility to financial expert’s calculations for over $8 million lost profits and lost goodwill for restaurant.

Murrietta Car Wash, Inc. v. North County Bank

The California Court of Appeals, Fourth District reversed a trial court's award of loss profits in the wrongful foreclosure action of a vacant parcel on which the plaintiff intended to build a car wash and gas station.

Broker Guilty of Fraud, but No Damages Found

Paul DeNucci agreed, for a commission, to have Wayne March and CB Commercial Real Estate Group Inc. find a buyer for his three car wash businesses.

Denucci v. March

DeNucci sued March for fraud, violation of the Deceptive Trade Practices Act, and breach of fiduciary duty, in connection with contract to find a buyer for car washes.

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