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Appraisal

The following summaries are of recent published decisions of the California appellate courts, the Ninth Circuit, and the United States Supreme Court. The summaries are presented without regard to whether Severson & Werson represented a party in the case.

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Schrage v. Schrage, No. B298119, 2021 Cal. App. LEXIS 780 (Ct. App. Sep. 2, 2021)

Plaintiff sued to dissolve several LLCs and close corporations.  Defendants invoked their right to buy plaintiff's interests in the companies at appraised value.  The parties stipulated to add five additional LLCs to the group of companies being appraised for buyout purposes even though plaintiff had not sued to dissolve them.  After the trial court entered a judgment setting the appraised… Read More