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FANCHER v. PRUDHOME

No. 47,575-CA.

112 So.3d 909 (2013)

Ray A. FANCHER, Plaintiff-Appellant v. Robert Glenn PRUDHOME, Steven Matthew Prudhome, Frances Bryan Prudhome and William Cody Robbins, Defendants-Appellees.

Court of Appeal of Louisiana, Second Circuit.

Rehearing Denied May 8, 2013.

Attorney(s) appearing for the Case

Bernard S. Johnson , Kristina B. Gustavson , Shreveport, LA, for Appellant, Ray A. Fancher.

Katherine C. Dorroh , for Appellees, Robert Glenn Prudhome and Frances Bryant Prudhome.

Billy R. Pesnell , Shreveport, LA, for Appellees, Diamond Shield Services, L.L.C., William Cody Robbins and Steven Matthew Prudhome.

Before WILLIAMS, MOORE and HARRISON (Ad Hoc), JJ.

WILLIAMS, J.

The plaintiff, Ray Fancher, appeals a judgment awarding him $12,463.74 as the value of his share of a limited liability company. The trial court found that the fair market value of Fancher's interest was best determined by using the book value of the company's assets. For the following reasons, we affirm.

FACTS

In March 2008, William Cody Robbins filed articles of organization forming Diamond Shield Services, LLC ("Diamond Shield"),...

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