Net Asset Value Required by Terms of Agreement
The issue in this appeal after remand was the method to be used for valuing the stock of MCC Inc. , a ready-mix concrete, mining, and road paving business, for the purpose of a corporate redemption under a shareholder agreement.
Murphy v. MCC, Inc. (I)
At issue is the the redemption price or sale price of MCC, Inc. shares by the shareholders.
Murphy v. MCC, Inc.
MCC Inc. stockholders appeal judgment against them that occurred as a result of their attempts to redeem their shares pursuant to an ambiguous agreement.
Court weighs former business member's legal right to cash distribution
At issue is whether Klink, a dissociating member of Five Star, had the legal right to receive a cash distribution equal to the net income allocated to it for tax purposes, and whether the me ...
Five Star Concrete, LLC v. Klink, Inc.
Issue is whether dissociating member of LLC had the legal right to receive a cash distribution equal to its tax allocation, and whether valuation method resulted in FMV determination.