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Tag Archives: Judge David W. Lannetti

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 ...

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Corporate shares valuation includes commercial leases (access required)

Where the parties agreed to place their separate businesses into a jointly owned corporation, the parties’ business leases are corporate assets and must be included when valuing the corporation’s shares in this dissolution action. Overview Biton and Kreinis are equal ...

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Will omits heirs and gives all to charities (access required)

Where the decedent’s will created a trust, and the designated trustee predeceased the decedent, the income from the residuary estate goes to the trust beneficiaries, a group of charities, and not to the decedent’s blood relatives, who were “explicitly and ...

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Detainer order not result of extrinsic fraud (access required)

Where the Virginia Housing Development Authority obtained a district court detainer order that granted it possession of a house plaintiff was living in, plaintiff has pleaded insufficient facts to show the order was obtained by extrinsic fraud. The VHDA’s plea ...

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No property interest in demolished house (access required)

Plaintiffs lack the necessary property interest to raise constitutional and inverse condemnation claims arising from the city-ordered demolition of a fire-damaged building in a historical district. Background In 2015, Sinesi bought the Grandy House, which was built in 1901 and ...

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