A shareholder in several closely held corporations has convinced a state judge overseeing the dissolution of the companies to reverse a special referee’s valuation of the corporate shares.
New York state Supreme Court Justice Dianne T. Renwick, in Matter of Markman v. Exterior Delite, 8347/2005, held that the allegations of misappropriation of corporate funds which were pleaded by petitioner Wendie Markman (spelled as “Wendy” in the caption) were relevant to the valuation of her shares.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
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]