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CorporateSol
over 4 years ago
LexTalk® UK
LexTalk® Commercial
Company Valuation - Discount for Minority Shareholding - Marital Breakdown/Divorce
Please refer me to some guidance for the forensic accountant valuing company shares (Ltd) in the event of divorce. In particular, whether a minority discount should be applied.
baerreedauthor
over 5 years ago
Casebrief
Baer Reed
In re Howell Enters., Inc.
Howell Enterprises, Inc., (Howell) and Tradax America, Inc., (Tradax) both sell rice. A customer, Bar Schwartz Limited (Bar Schwartz), wanted to buy some rice and pay for it with a commercial letter of credit. But Bar Schwartz could not buy rice from...
baerreedauthor
over 5 years ago
Casebrief
Baer Reed
Cancellier v. Federated Dep't Stores
Plaintiffs Philip D. Cancellier, John W. Costello and Zelma Smith Ritter, were former executives of defendant Federated Department Stores d/b/a/I. Magnin. In early 1978 they were terminated after having been employed at I. Magnin for 25, 17, and 18 years...
baerreedauthor
over 5 years ago
Casebrief
Baer Reed
Gmh Assocs. v. Prudential Realty Grp.
Although the parties signed a letter of interest to sell commercial real estate, they continued negotiating price, tenant improvement, and commissions. Appellee sent another letter with new terms, however, appellants rejected appellee's bid and sold...
baerreedauthor
over 5 years ago
Casebrief
Baer Reed
CBOCS W., Inc. v. Humphries
Claiming that petitioner CBOCS West, Inc., dismissed him because he is black and because he complained to managers that a black co-employee was also dismissed for race-based reasons, respondent Humphries filed suit charging that CBOCS' actions violated...
LexTalk
over 5 years ago
LexTalk® UK
LexTalk® Private Client
Probate with limited grant
If a seller's grant of probate is a limited grant, can a buyer of a property rely upon a transfer executed by the executor appointed by the limited grant? Is there any requirement to make enquiries as to whether the grant has been revoked by a subsequent...
baerreedauthor
over 5 years ago
Casebrief
Baer Reed
Perry v. Queen
Plaintiff’s mortgaged residence was going to foreclosure. He availed of the defendant’s offer that they will give him $11,113.99 to supposedly save his residence, but with several conditions attached; this included provisionss that approximately...
baerreedauthor
over 5 years ago
Casebrief
Baer Reed
United States v. Vergara
Defendant Emiro Vergara was arrested and charged with conspiring with others to sell approximately one kilogram of cocaine to a confidential informant. Subsequently, defendant entered into a plea agreement with the government, pursuant to which he pleaded...
baerreedauthor
over 5 years ago
Casebrief
Baer Reed
Union Sec. Life Ins. Co. v. JJG-1994
On January 24, 2008, Decedent was shot and killed in his home in New York. His older son, JJG-1994, was charged as an adult with second degree murder, and subsequently pled guilty to first degree manslaughter for the killing. At the time of the shooting...
lexisassociatesauthor
over 6 years ago
Casebrief
Lexis Associates
Elliott Assocs. v. J. Henry Schroder Bank & Tr. Co.
The issuer contacted the debenture holder's trustee and asked how much notice was required for a redemption. The trustee replied one week, a 42-day lapse occurred before redemption, and an interest payment was thereby avoided prior to redemption....
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