Court Extols Expert’s Valuation Opinion

Matter of Adelstein v. Finest Food Distributing Co., 2014 N.Y. App. Div. LEXIS 2542 (April 16, 2014); Matter of Adelstein v. Finest Food Distributing Co., 2011 N.Y. LEXIS 5956 (Nov. 3, 2011)
A New York appeals court affirmed a stock valuation in the context of an oppressed shareholder suit. The underlying 2011 trial court decision provides insight into the factors courts consider when assessing the qualification and performance of appraisers.