Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Biomedical research. Credit: Soonthorn Wongsaita/Shutterstock.com Biomedical research. Credit: Soonthorn Wongsaita/Shutterstock.com

A Nebraska judge has determined that a biotech company seeking to purchase the shares of a trust established by its founder must pay $467 million for those shares, in what counsel for the plaintiffs say is one of the largest valuation disputes in the state court’s history.

On Tuesday, a judge from the District Court of Sarpy County, Nebraska, found that the Wayne L. Ryan Revocable Trust owned $467 million of the fair market value of the biomedical company Streck Inc., and that the trust was entitled to 12% prejudgment interest starting in late 2014. The ruling assigned more than $300 million over the defense’s competing valuation.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Max Mitchell

Max Mitchell is ALM's Pennsylvania Bureau Chief overseeing The Legal Intelligencer, Delaware Law Weekly and Delaware Business Court Insider. Follow him on Twitter @MMitchellTLI. His email is [email protected]

More from this author

Law Firms Mentioned

Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.