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Home / Opinion Digests / Business Law / Alternate date to value corporate shares denied (access required)

Alternate date to value corporate shares denied (access required)

Where defendant elected to buy plaintiff’s shares in a jointly owned company after plaintiff filed a dissolution action, the court denies defendant’s motion to set an alternate valuation date. The statutory valuation date, which is the day before plaintiff filed her dissolution action, is “equitable and appropriate.” Further, defendant has not proposed a definite alternate date, ...