Order on Valuation of Shares under Shareholder Agreement (Justin Fouse et al.)
TL;DRAbstract
On April 28, 2014, this Court ordered the parties to submit briefing in support of their divergent interpretations of identical buy-out provisions found in two Shareholder Agreements.Upon consideration of the argument of counsel, the briefs submitted on the motions, and the record of the case, this Court finds as follows:Plaintiff Justin Fouse ("Fouse") and Defendant Stephen Dow ("Dow") are shareholders of two companies, Palmetto Fitness, Inc. ("PAL") and Palmetto Midwest Fitness
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On April 28, 2014, this Court ordered the parties to submit briefing in support of their divergent interpretations of identical buy-out provisions found in two Shareholder Agreements.Upon consideration of the argument of counsel, the briefs submitted on the motions, and the record of the case, this Court finds as follows:Plaintiff Justin Fouse ("Fouse") and Defendant Stephen Dow ("Dow") are shareholders of two companies, Palmetto Fitness, Inc. ("PAL") and Palmetto Midwest Fitness
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