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Bakeries, Commercial

This U.S. industry comprises establishments primarily engaged in manufacturing fresh and frozen bread and bread-type rolls and other fresh bakery (except cookies and crackers) products.

Mekhaya v. Eastland Food Corp.

The plaintiff pleaded a statutory claim for shareholder oppression. In October 2018, Mekhaya was fired from his position at Eastland, where his salary of $400,000 per year included an implied dividend. The implied dividend was also included in the salaries of the other shareholders, all relatives of Mekhaya. The defendants filed a motion to dismiss, which the district court granted. The plaintiff appealed. He noted that, after his removal, they paid themselves excessively high salaries and refused to pay him dividends, thus frustrating his expectations as a shareholder. The Appellate Court of Maryland disagreed with the decision of the trial court.

Maryland Court of Appeals Reverses Dismissal of an Oppression Claim—Finds There Could Be Disguised Dividend Issue

The plantiff pleaded a statutory claim for shareholder oppression. In October 2018, Mekhaya was fired from his position at Eastland, where his salary of $400,000 per year included an implied dividend. The implied dividend was also included in the salaries of the other shareholders, all relatives of Mekhaya. The defendants filed a motion to dismiss, which the district court granted. The plaintiff appealed. He noted that, after his removal, they paid themselves excessively high salaries and refused to pay him dividends, thus frustrating his expectations as a shareholder. The Appellate Court of Maryland disagreed with the decision of the trial court.

New York Supreme Court Confirms That ‘Entire Interest’ in a Company Dissolution Agreement Includes Goodwill

The New York Supreme Court was asked to provide a preliminary injunction enjoining the defendants from conducting business that resulted in damage to the goodwill of a company it had sold in its entirety as part of a dissolution agreement. The court granted the “limited preliminary injunction.”

Ng v. Ng

The New York Supreme Court was asked to provide a preliminary injunction enjoining the defendants from conducting business that resulted in damage to the goodwill of a company it had sold in its entirety as part of a dissolution agreement. The court granted the “limited preliminary injunction.”

In Buyout, Court Extols Expert’s Valuation and Legal Acumen

Appeals court affirms trial court’s valuation of oppressed shareholder’s minority interest in family business based on credentialed appraiser’s “clear, thorough, professional, and reliable” opinion and knowledge of New York valuation-related law.

In Buyout, Court Extols Expert’s Valuation and Legal Acumen

Appeals court affirms trial court’s valuation of oppressed shareholder’s minority interest in family business based on credentialed appraiser’s “clear, thorough, professional, and reliable” opinion and knowledge of New York valuation-related law.

Matter of Adelstein v. Finest Food Distributing Co. (II)

Appeals court affirms trial court’s valuation of oppressed shareholder’s minority interest in family business based on credentialed appraiser’s “clear, thorough, professional, and reliable” opinion and knowledge of New York valuation-related law.

Matter of Adelstein v. Finest Food Distributing Co. (I)

In oppressed shareholder stock valuation proceeding, trial court credits testimony of credentialed appraiser, lauding his methodical approach, use of various methods to cross-check values, and understanding of legal principles related to valuation.

Expert Financial Evidence Helps Prove ‘Stunning’ Price Discrimination Suit

Court finds “stunning” case of price discrimination based on expert evidence.

Feesers Inc. v. Michael Foods Inc.

Court finds sufficien proof for “stunning” case of price discrimination based on expert evidence.

Delaware Chancery’s Preference for DCF Turns on Credible Projections

Delaware Chancery conducts thorough DCF analysis in breach of fiduciary duty/appraisal action, with emphasis on credible management projections and inputs.

Crescent/Mach I Partnership v. Turner

Delaware Chancery conducts thorough DCF analysis in breach of fiduciary duty/appraisal action, with emphasis on credible management projections and inputs.

Fair Value Determination Remanded Due to Lack of Evidence

In this dispute over the valuation of closely held corporation stock, the appellate court reversed and remanded the trial court's valuation of the corporation.

Kreischer v. The Kerrison Dry Goods Company

At issue is the valuation of plaintiffs minority interest in The Kerrison Dry Goods Company.

Plaintiffs Brought Action to Dissolve Corporate Defendant Company

Plaintiffs brought action to dissolve corporate defendant.

More Court Cases … Damages: BGB Pet

Nutro entered into distribution agreements with BGB in territories where Nutro had no previous distribution, allegedly exclusive agreements.

BGB Pet Supply v. Nutro Products

At issue is the admittance of expert testimony.

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