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" Fair value," with respect to a dissenter's shares, means the value of the shares immediately before the effectuation of the corporate action to which the dissenter objects, excluding any appreciation or depreciation in anticipation of the corporate action... "
Standards of Value: Theory and Applications - 122. lappuse
autors: Jay E. Fishman, Shannon P. Pratt, William J. Morrison - 2007 - 400 lapas
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The Handbook of Advanced Business Valuation

Robert F. Reilly - 1999 - 610 lapas
...shares immediately before the effectuation of the corporate action to which the dissenter objects, excluding any appreciation or depreciation in anticipation...of the corporate action unless exclusion would be inequitable.33 The definition contained in the Model Act has variations among states' dissenters' rights...
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The Lawyer's Business Valuation Handbook: Understanding Financial Statements ...

Shannon P. Pratt - 2000 - 522 lapas
...shares immediately before the effectuation of the corporate action to which the dissenter objects, excluding any appreciation or depreciation in anticipation...of the corporate action unless exclusion would be inequitable.1 According to the official comment of the Model Business Corporation Act, the definition...
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Business Valuation Body of Knowledge Workbook

Shannon P. Pratt - 2003 - 192 lapas
...date as immediately before the effectuation of the corporate action to which the shareholder objects, excluding any appreciation or depreciation in anticipation...corporate action, unless exclusion would be inequitable. b. In many states, the statute disallows discounts for lack of control and/or lack of marketability....
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Financial Valuation: Applications and Models

James R. Hitchner - 2003 - 1056 lapas
...shares immediately before the effectuation of the corporate action to which the dissenter objects, excluding any appreciation or depreciation in anticipation...of the corporate action unless exclusion would be inequitable."2 CAUSES OF ACTION Vamp Shareholder dispute cases typically arise under two different...
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Business Valuation Body of Knowledge: Exam Review and Professional Reference

Shannon P. Pratt - 2004 - 387 lapas
...shares immediately before the effectuation of the corporate action to which the dissenter objects, excluding any appreciation or depreciation in anticipation...corporate action unless exclusion would be inequitable. • A majority of states have adopted the preceding or a very similar definition. • Some states have...
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The Market Approach to Valuing Businesses

Shannon P. Pratt - 2006 - 400 lapas
...shares immediately before the effectuation of the corporate action to which the dissenter objects, excluding any appreciation or depreciation in anticipation...corporate action unless exclusion would be inequitable. A majority of states have adopted this definition: Alabama, Arizona, Arkansas, Colorado, Hawaii, Illinois,...
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Der Ausschluss von Minderheitsaktionären: Eine sozialökonomische und ...

Dirk Schilling - 2006 - 512 lapas
...shares immediately before the effectuation of the corporate action to which the dissenter objects, excluding any appreciation or depreciation in anticipation...of the corporate action unless exclusion would be inequitable."340 In der Rechtsprechung wurde der fair price bzw. fair value in Abfindungsfällen erstmals...
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Litigation Services Handbook: The Role of the Financial Expert

Roman L. Weil, Peter B. Frank, Christian W. Hughes, Michael J. Wagner - 2007 - 1200 lapas
...shares immediately before the effectuation of the corporate action to which the dissenter objects, excluding any appreciation or depreciation in anticipation...of the corporate action unless exclusion would be inequitable.6 This type of litigation usually relates to a claim by a minority dissenting shareholder...
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Business Valuation: A Primer for the Legal Profession

Jeffrey M. Risius - 2007 - 214 lapas
...shares immediately before the effectuation of the corporate action to which the dissenter objects, excluding any appreciation or depreciation in anticipation...corporate action, unless exclusion would be inequitable. When the subject interest represents a minority interest in a privately held company, under a Fair...
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