The Latest Chapter in the Baur Saga Harl, Neil
dc.contributor.department Iowa State University Digital Repository 2018-02-19T06:34:25.000 2020-06-29T22:57:37Z 2020-06-29T22:57:37Z 2017-12-19 2014-09-05
dc.description.abstract <p>The Iowa Supreme Court case of Baur v. Baur Farms, Inc.,1 which was reversed and remanded to the District Court “for further proceedings consistent with [the Supreme Court] opinion,” has produced yet another opinion,2 which is far from “consistent with [the Supreme Court ] opinion.”3 The long saga of the Baur disputes is, very likely, far from over. The Iowa Supreme Court decision had held that “. . . majority shareholders act oppressively when, having the corporate financial resources to do so, they fail to satisfy the reasonable expectations of a minority shareholder by paying no return on shareholder equity while declining the minority shareholder’s repeated offers to sell shares for fair value.”4 The recently released District Court opinion paid little heed to the holding of the Supreme Court and concluded “. . . because his demands have exceeded the fair value of his equity interest, Jack [the plaintiff] has failed to meet his burden to prove oppression by a preponderance of the evidence.”5</p>
dc.identifier archive/
dc.identifier.articleid 2241
dc.identifier.contextkey 11275135
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath aglawdigest/vol25/iss17/1
dc.source.bitstream archive/|||Fri Jan 14 17:51:10 UTC 2022
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines Agriculture Law
dc.subject.disciplines Public Economics
dc.title The Latest Chapter in the Baur Saga
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isJournalIssueOfPublication 8558be33-4ad7-495c-a46e-b59f324796c5
relation.isOrgUnitOfPublication d2bcee6c-7cba-4fa7-bd11-543354ce7b1b
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