Pitsch v. Pitsch Holding Co.
In this shareholder deadlock litigation, the appellate court affirmed the decision of the trial court that the solution to the deadlock was to order a buyout of the plaintiffs’ stock by the defendants as opposed to a dissolution of the company. The appellate court also affirmed the use of a modified-liquidation value as providing a value that maximized the value to the individual shareholders.
Michigan Appeals Court Affirms Modified-Liquidation Value in a Shareholder Deadlock Litigation
In this shareholder deadlock litigation, the appellate court affirmed the decision of the trial court that the solution to the deadlock was to order a buyout of the plaintiffs’ stock by the defendants as opposed to a dissolution of the company. The appellate court also affirmed the use of a modified-liquidation value as providing a value that maximized the value to the individual shareholders.
Harold Tatum Jr. v. Patricia L. Tatum
The Kentucky Court of Appeals affirmed the valuation of a specialty machine business. The company was valued using the straight capitalization method and a 20 percent discount for lack of marketability. The court rejected in part the valuations performed ...
Straight Capitalization Method Used
The Kentucky Court of Appeals affirmed the valuation of a specialty machine business.
Dresser-Rand Company v. Virtual Automation, Inc.
United States Court of Appeals Fifth Circuit F I L E D February 23, 2004 Charles R. Fulbruge III Clerk Revised March 12, 2004 UNITED STATES COURT OF APPEALS For the Fifth Circuit No. 02-20834 DRESSER-RAND COMPANY Plaintiff-Appellee-Cross-Appellant, VERSUS VIRTUAL AUTOMATION INC, ET AL. Defendants APIX, INC., a Florida Corporation; DENNIS C. MEZZATESTA, Individual; CHRIS TSIPOURAS, Individual Defendants-Appellants-Cross-Appellees __________________________________________________________ consolidated with No. 03-20417 DRESSER-RAND COMPANY Plaintiff-Appellant, VERSUS VIRTUAL AUTOMATION INC, a Texas Corporation, ET AL.
Nora Weigel v. Robert Weigel
The North Dakota Supreme Court concluded that the wife in a short-term marriage could be a "disadvantaged spouse" and required alimony because she had foregone opportunities and lost advantages.
Homemaker Is a Disadvantaged Spouse
The North Dakota Supreme Court concluded that the wife in a short-term marriage could be a "disadvantaged spouse" and required alimony because she had foregone opportunities and lost advantages.
Helen W. Sagarin v. Joseph Saragin
The New York Supreme Court, Appellate Division, Second Department affirmed the lower court's use of the date of trial as the valuation date, rather than the date of commencement. The lower court departed from the date of commencement because the business ...
Valuation Date at the Date of Trial When the Business Declined Post-Commencement
The New York Supreme Court, Appellate Division, 2nd Department, affirmed the lower court's use of the date of trial as the valuation date, rather than the date of commencement.