Stock Must Be Valued Using Fair Market Value Standard
The Texas Court of Appeals for the 14th District valued stock in a spa in this breach of contract and fiduciary duty case. The parties’ contract required that stock in the spa be valued as the greater of the asset value or two years’ earnings.
Colorado Supreme Court Affirms Court of Appeals; No Marketability Discounts in Dissenters' Rights Cases as a Matter of Law
In this case, Pueblo Bancorporation appealed the Court of Appeals' reversal of the trial court's determination of the shares owned by Lindoe Inc., a minority shareholder of Pueblo.
Expectancy Damages Denied to Bank in Winstar Case
The U.S. Court of Federal Claims granted the government's motion for summary judgment denying the bank damages resulting from the enactment of FIRREA.
Fifth Third Bank of Western Ohio v. The United States
The U.S. Court of Federal Claims granted the government's motion for summary judgment denying the bank damages resulting from the enactment of FIRREA. The bank's expert determined expectancy damages by establishing lost profits based on the performance of ...
Pueblo Bancorporation v. Lindoe, Inc. (II)
At issue is the application of a lack of marketability discount for the value of shares owned by the minority shareholder, Lindoe, Inc., in Pueblo Bancorporation.
Kansas Supreme Court Disallows Minority and Marketability Discounts in Shareholder Freeze-Out
The Supreme Court of Kansas heard an issue of first impression in this case: "Is it proper for a corporation to determine the 'fair value' of a fractional share pursuant to K.S.A. 17-6405 by applying minority and marketability discounts when the fractional share resulted from a reverse stock split intended to eliminate the minority shareholder's interest in the corporation?"
Arnaud v. Stockgrowers State Bank
At issue is the fair value of fractional shares that resulted from a reverse stock split intended to eliminate the minority shareholder's interest in the corporation.
Expert Witness Deemed Agent of Calling Party
Plaintiffs in this case sought to introduce into evidence the depositions of defendants' expert witnesses who testified at trial.
Onti, Inc. v. Integra Bank
At issue is the admittance of expert testimony.
Court Find DLOM Unwarranted in Banks' Suit to Determine Dissenting Shareholders' Stock Value
Upon shareholder approval, two banks—Security State Bank, of Hartley, Iowa, and Security State Bank, of Lake Park, Iowa—brought actions to determine fair value of dissenting stockholders' shares.
Security State Bank v. Ziegeldorf
At issue is the valuation of the shares held by the dissenting shareholders, appellees.
Value increase nonmarital property even with spouse company president
Issue: Whether the increase in value, during marriage, of the stock of a holding company whose primary asset was Preferred State Bank was or was not marital property. The stock was acquired from th ...
Scottston v. Scottston
At issue is the valuation and nonmarital classification of bank holding company stock.