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Further Observations on Fair Value: FAED, the Fair and Equitable Discount - Current Issues in Closely Held Businesses Series: Part...

Once it is understood that "fair value" is not the same as "fair market value," there appears to be two general views of what is "fair value" in the context of breach of fiduciary duty or shareholder oppression cases. For...more

Buy Out at Fair Value - Current Issues in Closely Held Businesses Series: Part 5

The prior discussion, Determining a Remedy After Oppression or Breach of Fiduciary Duty (Part 4), presented a listing of the potential remedies on a finding of a breach of duty and oppression. Frequently, the animosity among...more

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