· 2/23/1994
Sieg Co. v. Kelly
Citations
- 512 N.W.2d 275
- 1994 Iowa Sup. LEXIS 39
- 1994 WL 53930
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- stating “trial courts should consider ... all relevant factors that may influence the valuation”
- adopting appraiser’s report which defined “fair market value” as “that value which a willing buyer and willing seller, both well informed as to the facts, but neither under any compulsion to act, would establish in an arms length sale of the asset in question”
- court should reject valuation techniques that do not provide a reliable guide to value
- court should reject valuation techniques that are not supported by the evidence
- appraisal action is not an equitable proceeding
Source: CourtListener parenthetical corpus (CC0).
Judges: Harris, Lavorato, Neuman, Snell, Andreasen
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.