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10 takeaways from Estate of Richmond

California affords section 409A relief

Schuman v. Schuman

State high court says appeals court erred in classifying wife’s stock awards as separate property based solely on vesting; stock awards are form of deferred compensation, like retirement benefits, and are acquired “when they are earned, and not at the time of receipt, vesting or exercise.”

Farmer v. Farmer

Washington State Supreme Court rejects absolute rule for valuing converted employment stock options in divorce, deferring to trial courts’ broad authority to assess expert valuation of the options, including its reference to the tort framework of measurin ...

Court Determines Value of Cashless Stock Options; Illusory Dividend Not Deducted From FMV

In this contract dispute, the principal valuation issue was the value of stock options that Colmen Capital Advisors Inc. (Colmen), had received for 20% of the common stock in Polpart Placements Inc. (Polpart) and Polar Plastics Inc. (PPI) in exchange for Colmen's turnaround work related to these and affiliated companies.

Colmen Capital Advisors, Inc. v. Polar Plastics, Inc.

In this contract dispute, the principal valuation issue was the value of stock options that Colmen Capital Advisors Inc. had received for 20% of the common stock in Polpart Placements Inc. and Polar Plastics Inc. in exchange for Colmen's turnaround work related to these and affiliated companies.

John C. Bedrosian v. Tenet Healthcare Corporation

The California Court of Appeals, 2nd District, considered the appropriate measure of damages in a wrongful withholding of stock case.

Douglas A. Augustine v. InterVU, Inc.

The California Court of Appeals, 4th District, measured damages for breach of a stock option agreement as though the stock option agreement had been fully performed.

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