1. Home
  2. Browse Decisions
  3. N.Y.2d
  4. 78 N.Y.2d
  5. 78 N.Y.2d 439 (1991)
 

MATTER OF SEAGROATT FLORAL CO. INC. (RICCARDI)

78 N.Y.2d 439 (1991)

In the Matter of the Dissolution of Seagroatt Floral Company, Inc., Appellant. James H. Riccardi et al., Respondents. In the Matter of the Dissolution of Henry J. Seagroatt Co., Inc., Appellant. James H. Riccardi et al., Respondents.

Court of Appeals of the State of New York.

Decided November 19, 1991.

Attorney(s) appearing for the Case

Thomas G. Collins, Howard Sprow and Patrick J. MacKrell for appellants.

Jonathan P. Harvey for respondents.

Chief Judge WACHTLER and Judges SIMONS, ALEXANDER, TITONE, HANCOCK, JR., and BELLACOSA concur.

KAYE, J.

In this appeal by two closely held corporations — Seagroatt Floral Company and Henry J. Seagroatt Company — we are called upon to answer two questions. First, was the lack of a public market for the corporations' shares taken into account in valuing the companies for purposes of buying out petitioners' minority stockholdings under Business Corporation Law § 1118, and second, was it...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases