Harvey v. Harvey (In re Michael S.)
In this divorce case, on appeal, the California appellate court rejected a discount for taxes not immediate and specific and allowed a DLOM regarding the value of the wife’s one-half interest in the jointly owned business. The court also determined that “the [trial] court impliedly made the factual findings necessary to support its ruling regarding Cynthia’s breach of fiduciary duty claim.” Finally, the appeals court determined that the trial court had the authority to set its own terms for payment of the equalization amount to the wife.
In a Divorce Case, the California Court of Appeal Rejects Discount for Taxes Not Immediate and Specific But Allows a DLOM
In this divorce case, on appeal, the California appellate court rejected a discount for taxes not immediate and specific and allowed a DLOM regarding the value of the wife’s one-half interest in the jointly owned business. The court also determined that “the [trial] court impliedly made the factual findings necessary to support its ruling regarding Cynthia’s breach of fiduciary duty claim.” Finally, the appeals court determined that the trial court had the authority to set its own terms for payment of the equalization amount to the wife.
Dog Groomer’s Lost Profits for Breach of Lease Based on Operating History at the Leased Facility
The Washington Court of Appeals affirmed the trial court's award of lost profits in this breach of lease agreement case.
Marketability Discount OK in Oppression Suit
In this case, decided the same day as Lawson Mardon Wheaton Inc. v. Smith, the New Jersey Supreme Court held that a marketability discount should be applied when determining the fair value of stock for purposes of a court-ordered buyout in a shareholder oppression suit.
Balsamides v. Protameen Chemicals
At issue is whether in this judicially ordered buy-out the trial court should have applied a "marketability discount" to determine the "fair value" of Perle's shares, a fifty percent shareholder of Protameen Chemicals.
Marketability Discount Appropriate in New Jersey Minority Oppression Case
The primary issue in this case, decided the same day as Lawson Mardon Wheaton Inc. v. Smith, was whether a marketability discount should be applied is determining the fair value to be paid in a court-ordered buyout in a shareholder oppression suit.
Court Rejects Marketability Discount Under New Jersey
The main issues in this case were the valuation techniques used to value Perle's (the defendant's) half interest in the business that he was ordered to sell to Balsamides (the plaintiff).
Balsamides v. Perle
At issue is the valuation of a chemical corporation.
City of Tuscaloosa v. Harcos Chemicals
Plaintiffs seek compensatory damages for defendants' "illegal conspiracy to restrain trade by fixing prices, allocating markets, and rigging bids for sale of repackaged chlorine."