Liquor Stores/Package Stores (Beer, Wine, and Liquor Stores)
This industry comprises establishments primarily engaged in retailing packaged alcoholic beverages, such as ale, beer, wine, and liquor.
Beer and Wine Stores
This industry comprises establishments primarily engaged in retailing packaged alcoholic beverages, such as ale, beer, wine, and liquor.
Trial Court Can’t Just 'Split the Difference'
Appellate court reverses trial court’s valuation of the parties’ liquor business, finding that it apparently “split the difference” between the parties’ valuations without sufficient evidence in the record to support this median value.
Vanzant v. Vanzant
Appellate court reverses trial court’s valuation of the parties’ liquor business, finding that it apparently “split the difference” between the parties’ valuations without sufficient evidence in the record to support this median value.
Control Premium Considered
The U.S. Tax Court considered whether the 50% interest Framatome’s subsidiary, Burndy-US, had in Burndy-Japan was qualified to be treated as a controlled foreign corporation (CFC) for tax purposes.
A. Teixeira & Company, Inc. v. Antonio L. Teixeira, et al.
The Rhode Island Superior Court determined that the discounts for minority interest and lack of marketability should not be applied to the value of stock in a retail liquor store even though the minority shareholders brought the action for corporate disso ...
Fair Value Determined Without Minority Discount
The Rhode Island Superior Court determined that the discounts for minority interest and lack of marketability should not be applied to the value of stock in a retail liquor store even though the minority shareholders brought the action for corporate dissolution.
Paul and Susan Smith v. Ann Stephens
The Kansas Court of Appeals affirmed the lower court's decision denying the Smiths damages for Stephen's fraud in connection with a business sale. The court stated the proper measure of damages was the difference between the actual value of the business ...
Revaluation of Business Necessary to Establish Buyer’s Damages
The Kansas Court of Appeals affirmed the lower court's decision denying the Smiths damages for Stephen's fraud in connection with a business sale.