• Case Law - QuickRead Top Story

    Legal Update: Randall v. Widen: Admissibility of Rebuttal Witness Testimony

    Randall v. Widen is a federal court case filed in the Western District of Wisconsin, that involves a redemption. The article focuses on the pre-trial motions involving the admissibility of the experts. In the case, Plaintiff alleged that Defendants failed to disclose material information in connection with the redemption of closely held shares. Arthur C. Clarke once said, “For every expert, there is an equal and opposite expert.” Randall v. Widen, 2025 U.S. Dist. LEXIS 142800, 2025 WL 2081193 (W.D. Wis. July 24, 2025) demonstrates that Mr. Clarke knew what he was talking about. As often happens in litigation Background[1]…

  • Litigation Consulting - QuickRead Featured

    R.D. Clark and Sons, Inc., et al. v. James Clark, et al.

    Connecticut Appellate Court Affirms Trial Court’s Decision Not to Tax-Affect Earnings In a dispute over the buyout of the minority shares in a family business, the Connecticut appellate court addressed several important valuation issues. Notably, the appellate court upheld the trial court’s decision not to tax-affect the company’s earnings in determining the fair value of the shares, even though both the plaintiffs’ and defendants’ experts had done so. The appellate court also upheld the trial court’s findings that (1) the company engaged in shareholder oppression and, therefore, the value of the minority shareholder’s interest would not be subject to a…

  • Litigation Consulting - Mergers and Acquisitions/Exit Planning - QuickRead Featured

    Dissenting Shareholder Appraisal Rights and Shareholder Oppression Claims

    Similarities and Differences in Securities Valuation Over the past three decades, the number of both dissenting shareholder appraisal rights claims and shareholder oppression claims have increased significantly. This increase has created a demand for forensic-related business and security valuation services. Valuation analysts are not legal counsel, of course. However, valuation analysts who practice in this area should be generally familiar with both the economic and the legal differences between dissenting shareholder appraisal rights issues and shareholder oppression issues. While taking specific legal instruction from legal counsel, valuation analysts should have a general familiarity with the professional guidance provided by the…