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Ornamental and Architectural Metal Manufacturing

This U.S. industry comprises establishments primarily engaged in fabricating structural metal products, such as assemblies of concrete reinforcing bars and fabricated bar joists.

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.

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