Connecticut court determines fair value of 50% ownership interest
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Description
Abstract: Fair value in shareholder disputes is typically defined by state law. It generally equals fair market value without discounts for lack of control or marketability. This article discusses a recent case in Connecticut that addressed this issue in the context of a dissolution proceeding. Buccieri v. New Hope Realty, Inc., 2022 Conn. Super. LEXIS 2230 (Oct. 20, 2022).
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