· 11/5/1999
Arnaud v. Stockgrowers State Bank of Ashland
Citations
- 992 P.2d 216
- 268 Kan. 163
- 1999 Kan. LEXIS 645
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that minority and marketability discounts do not apply when the purchaser is the corporation or a majority shareholder
- holding that under Kansas law neither minority nor marketability discounts are appropriate when the purchaser of the stock is either the majority shareholder or the corporations, because the sale results in a windfall to those already in control
- holding that under Kansas law neither minority nor marketability discounts are appropriate when the purchaser of the stock is either the majority shareholder or the corporations, because the sale results in a windfall to those already in control
- refusing to apply minority discount when minority shares acquired by corporation, and citing with approval jurisdictions disallowing minority discounts
- collecting cases from Kansas elaborating on the closely mirrored relationship between corporations laws in Kansas and Delaware
- collecting cases from Kansas elaborating on the closely mirrored relationship between corporations laws in Kansas and Delaware
Source: CourtListener parenthetical corpus (CC0).
Judges: Abbott
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.