Mintz v. Pazer, 7/26/17
November 5, 2017
In a deadlock-induced buyout, the trial court properly determined the valuation date of the subject shares as October 31, 2012. After viewing the shareholders’ agreement, the emails, and all the circumstances together, the parties intended to set a valuation date that was contemporaneous with the actual exchange of appraisals. The shareholders’ agreement did not set a valuation date. The lower court’s order was affirmed.
