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IN RE 75,629 SHARES OF COMMON STOCK

No. 97-175.

725 A.2d 927 (1999)

In re 75,629 SHARES OF COMMON STOCK OF TRAPP FAMILY LODGE, INC.

Supreme Court of Vermont.

Motion for Reargument Denied February 18, 1999.

Attorney(s) appearing for the Case

Peter F. Langrock of Langrock Sperry & Wool, Middlebury, and Averill Laundon of Darby, Laundon, Stearns, Thorndike & Kolter, Waterbury, for Appellants.

Donald J. Rendall, Jr. of Sheehey, Brue, Gray & Furlong, P.C., Burlington, for Appellees.

Present: AMESTOY, C.J., and DOOLEY, MORSE, JOHNSON and SKOGLUND, JJ.

JOHNSON, J.

This is a dissenters' rights case in which Trapp Family Lodge, Inc., (TFL) appeals from a decision of the Lamoille County Superior Court that determined the fair value of the corporation's stock to be $63.44 per share. TFL argues that the trial court erred by (1) rejecting the testimony of its expert witness and adopting the valuation of the dissenting shareholders' expert in its entirety; (2) failing to consider the tax consequences of a hypothetical...

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