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· 3/28/1991

Charland v. Country View Golf Club, Inc.

Citations

  • 588 A.2d 609
  • 13 A.L.R. 5th 1106
  • 1991 R.I. LEXIS 49
  • 1991 WL 42110

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • rejecting an approach which would reduce share value due to minority and lack of marketability
  • interpreting the \fair value\ standard of statute authorizing a buyout of a minority shareholder who has petitioned for corporate dissolution
  • noting that courts deciding the issue are split
  • “When a corporation elects to buy out the shares of a dissenting shareholder, the fact that the shares are noncontrolling is irrelevant.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Kelleher

Read full opinion on CourtListener

Sourced 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.