Hendley v. Lee

How courts have described this case

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

• stating that although discounts are appropriate where the parties are willing participants in the sale, they are not appropriate where the sale is not voluntary and \the transaction is between insiders\
• adding salary of $93,813 to statement of corporate profits, thereby raising calculated value of company
• ordering a buyout of a shareholder's shares where the court found that the defendant shareholder had not acted wrongfully
• ordering the buyout of a shareholder in a close corpo- ration where no misconduct was even alleged
• \[T]he ultimate issue [in establishing a proper valuation date] is what is fair between the parties in each case.\
• proper date of valuation for forced' buyout purposes was date of trial on merits

Source: CourtListener parenthetical corpus (CC0).