Tax Court Considers QMDM and Restricted Stock Studies in Determining Discount for Lack of Marketability
In November 1992, the Petitioners gifted shares of St. Edward Management Co. (the "Company") common stock to their children.
Janda v. Commissioner
In November 1992, the Petitioners gifted shares of St. Edward Management Company (the "Company") common stock to their children. Each gift represented approximately 5.3% of the outstanding shares of common stock. St. Edward Management Co. owned 94.6% of the common stock of the Bank of St. Edward (the Bank), a bank located in a small agricultural community in Nebraska.
First Western Bank Wall v. Olsen
At issue are the fair value of certain fractional shares belonging to dissenting shareholder and the admittance of expert testimony.
Blitch v. The Peoples Bank
At issue is whether minority and marketability discounts are applicable in determining the fair value of dissenters' shares under the Georgia statute.
Discounts Not Applicable in Georgia Fair Value Determination
Minority shareholder J. Dan Blitch III owned 763.5 shares of The Peoples Bank (Bank), which composed 5.5% of the outstanding stock of the corporation.
F.G. Sutton v. J.W. Sutton
The Tennessee Court of Appeals at Knoxville affirmed the lower court's decision to award a spouse one-half of the proceeds from a hypothetical sale of the parties' home after deducting the outstanding mortgage and a sales commission.
Selling Costs Deducted From the Value of Real Property
The Tennessee Court of Appeals at Knoxville affirmed the lower court's decision to award a spouse one-half of the proceeds from a hypothetical sale of the parties' home after deducting the outstanding mortgage and a sales commission.
Le Beau v. M.G. Bancorporation
At issue is the fair value of MGB's common stock and the admittance of expert testimony.
Capital Market Approach Rejected and Control Premium Permitted When Valuing a Bank Holding Company
The Delaware Supreme Court affirmed the Chancery Court's valuation of two Illinois banks in this dissenting shareholder action.
Court Deems All Stock Plans Marital Property
At issue is whether, and to what extent, husband's interest in restricted stock and stock option benefit plans provided by his employer, Astoria Financial Corporation, constitutes marital property.
Delaware Court Relies on Comparable Acquisition Method
Vice Chancellor Jacobs issued an opinion with respect to the appraisal of a bank holding company.
Le Beau v. M.G. Bancorporation
At issue is the fair value of the M.G. Bancorporation as of the merger.
More Court Cases... Self dealing: Linton
Plaintiffs allege that the directors of Security Investments Group, issued stock to themselves in an unfair, self dealing transaction. Plaintiffs also allege that the directors, after failin ...
DeJesus v. DeJesus
At issue is whether and to what extent an interest in restricted stock and stock option benefit plans provided by a spouse's employer constitutes marital property for the purposes of equitable distribution.
Linton v. Everett
At issue is the plaintiffs' claim that the directors' issuance of the 270,000 shares to themselves is invalid and plaintiffs' claim that the thirty days' notice of the September 17, 1996 stock was inequitable.
Court Forced to Reach Conclusion Based on Weak Evidence
The issue in this case is the value of minority shares of Kosman, Inc., a family holding company owning shares of stock of small banks.
Kosman v. Commissioner
At issue is the value of petitioner's stock in Kosman that she gave to her children.
Estate of Titus v. Commissioner
Issue was the fair market value of 2,148 shares in a one-bank holding company.