Corporate Dissolution Minority Shareholder Dispute Six Figure Settlement

Shareholder Disputes, Verdicts and Settlements

On the third day of a jury trial Bland Richter obtained on behalf of its client a six figure settlement in connection with his 19% membership interest in an entity which operated a national fast food restaurant location. Prior to the trial, the Defendants never offered to pay more than the existing capital account/book value of the client’s interest in the entity plus a nominal amount in legal fees. The settlement paid him in excess of six times his capital account/book value of his 19% interest at the time of the separation of his employment with the entity. ( 2009 )