Skip to content Skip to sidebar Skip to footer

[DOWNLOAD] "Chatterton V. Business Valuation Research Inc." by Washington Court of Appeals # Book PDF Kindle ePub Free

Chatterton V. Business Valuation Research Inc.

📘 Read Now     📥 Download


eBook details

  • Title: Chatterton V. Business Valuation Research Inc.
  • Author : Washington Court of Appeals
  • Release Date : January 19, 1998
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 66 KB

Description

This case arises from a dispute over the meaning of the term "value" in a shareholder buyout agreement of a closely held printing business. The majority shareholder agreed to buy out the retiring minority shareholder's interest at a value to be determined by a small business evaluator selected by their attorneys. The buyout agreement also outlined the procedure for valuing the stock: An MAI appraiser would value the tangible assets. A small business evaluator would then determine the value of the total business including the tangible assets. Next the business evaluator would discount the value of the business by a minority discount the evaluator deemed appropriate. The evaluator rejected the valuation of the business as a going concern. He concluded instead that the fair market value of the business was its liquidation value. He therefore valued the minority shareholder's stock by further discounting the asset value for liquidation costs capital gains tax, commissions, and other costs of sale.


Books Free Download "Chatterton V. Business Valuation Research Inc." PDF ePub Kindle