Partnerships—Dissolution—In Determining the Value of a Partnership Interest, “a Minority Discount” May Be Applied “To Reflect the Lack of Control a Minority Partner Has in the Operations of the Partnership” and Such Discount “Should Have Been Applied Under the Facts of This Case”
A defendant appealed from a judgment that declared that he had wrongfully dissolved a partnership and had breached a partnership agreement (agreement). The defendant was awarded the sum of $857,164.75 (for his partnership interest), plus prejudgment interest on damages from Sept. 1, 2011.
