Security Services/Systems/Alarm Companies
This U.S. industry comprises establishments primarily engaged in (1) selling security alarm systems, such as burglar and fire alarms, along with installation, repair, or monitoring services or (2) remote monitoring of electronic security alarm systems.
In re Marriage of Bornhofen
In this Illinois divorce case, the trial court adopted the value of the husband’s expert as to the value of the husband’s business and rejected the wife’s expert’s value. The trial court determined that the husband’s expert’s value was the only credible value. The wife sought to introduce additional valuation evidence, which the trial court also rejected. The appellate court affirmed the decision of the trial court.
Appellate Court (Illinois) Affirms Trial Court’s Rejection of One Expert’s Business Value and Adopts the Other Expert’s Value
In this Illinois divorce case, the trial court adopted the value of the husband’s expert as to the value of the husband’s business and rejected the wife’s expert’s value. The trial court determined that the husband’s expert’s value was the only credible value. The wife sought to introduce additional valuation evidence, which the trial court also rejected. The appellate court affirmed the decision of the trial court.
NetOne, Inc. v. Panache Destination Management
Court says plaintiff fails to show defendant breached contract in COVID-19-related damages case; plaintiff’s invocation of force majeure clause is futile where clause is silent as to whether plaintiff has a right to full deposit after termination of contract due to imposed travel restrictions.
Plaintiff’s COVID-Related Contract Claim Falters Despite Force Majeure Provision
Court says plaintiff fails to show defendant breached contract in COVID-19-related damages case; plaintiff’s invocation of force majeure clause is futile where clause is silent as to whether plaintiff has a right to full deposit after termination of contract due to imposed travel restrictions.
Yield Dynamics, Inc. v. Terrence E. Zavecz
The California Court of Appeals, Sixth District concluded that data regarding a third-party arm’s-length sale of a corporation’s stock need not be disclosed when that data is not in the possession of the corporation even though that transaction forms the ...
Third-Party Sale Established Value of Closely Held Stock Collateralizing a Shareholder Note
The California Court of Appeals, Sixth District concluded that data regarding a third-party arm’s-length sale of a corporation’s stock need not be disclosed when that data is not in the possession of the corporation even though that transaction forms the ...
William H. Elliott, Jr. v. Stephen Whitten
The Texas Court of Appeals, First District reversed a jury’s damage award for fraudulent inducement involving an employment contract and a minority interest in a closely held company because the award was not supported by the evidence. The court found tha ...
Sickler v. Sickler
At issue is the valuation of husband's interest in a company that manufactures and markets security products.
Appeals Court Remands Case, Trial Court to Value Business at Time of Divorce
The trial court classified all of the parties' property, including the business Stealth Laboratories begun by husband and three partners, as marital property. With respect to Stealth, the court did no ...