Justice Ira Warshawsky of Nassau County Supreme Court’s Commercial Division has issued a “BIG” decision (as in discount for Built-In Gains tax) in a stock valuation arising out of a dissolution proceeding brought by minority shareholders claiming oppression. Read about it in this week’s New York Business Divorce.
Continue Reading Court Discounts Fair Value Award for Built-In Gains Tax in Shareholder Oppression Case
Accountants/Experts
Dissenting Shareholder Loses Right to Receive Dividends Upon Merger Consummation
By Peter A. Mahler on
This week’s New York Business Divorce highlights a recent decision dismissing a complaint by a former shareholder, brought after he already won a judgment in a dissenting shareholder stock appraisal, seeking to compel the company to pay him additional “tax dividend” distributions.
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Continue Reading Dissenting Shareholder Loses Right to Receive Dividends Upon Merger Consummation