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COLUMBIA MANAGEMENT CO. v. WYSS

A8502-01236; CA A44975.

765 P.2d 207 (1988)

94 Or.App. 195

COLUMBIA MANAGEMENT CO., Respondent-Cross-Appellant, v. Loren L. WYSS, Appellant-Cross-Respondent.

Court of Appeals of Oregon.

Decided November 30, 1988.

Reconsideration Denied January 13 and February 17, 1989.

Attorney(s) appearing for the Case

James H. Clarke, Portland, argued the cause for appellant-cross-respondent. With him on the briefs was Spears, Lubersky, Campbell, Bledsoe, Anderson & Young, Portland.

Barnes H. Ellis, Portland, argued the cause for respondent-cross-appellant. With him on the brief were Charles F. Hinkle, Christine Kitchel and Stoel, Rives, Boley, Jones & Grey, Portland.

Before WARDEN, P.J., and WARREN and ROSSMAN, JJ.

WARDEN, Presiding Judge.

This is an action under former ORS 57.865 to ORS 57.8901 to determine the value of the shares of petitioner's stock that Loren Wyss (Wyss), a dissenting shareholder, holds in Columbia Management Company (Columbia). The trial court accepted the value proposed by a panel of appraisers. In arriving at that value, the appraisers first determined Columbia's enterprise value and the proportion of that enterprise...

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