Legal Opinion
New Mexico Banquest Investors Corp. v. Peters Corp.
New Mexico Court of Appeals
Decided March 6, 2007No. 25,276PublishedCited by 5 opinions
1Opinion of the Court
OPINION
ALARID, Judge.
{1} This case requires us to examine dissenting shareholders’ rights to obtain the fan-value of their shares under NMSA 1978, Section 53-15-4 (1983), and under a particular shareholder agreement among the parties. Specifically, we decide whether, under the circumstances of this case: (1) a control premium is payable on the dissenting shareholders’ shares; (2) punitive damages should be awarded; (3) the district court erred in determining the shareholders’ agreement to be clear and unambiguous; and (4) the judgment amount representing the fair value of the dissenting…
2Cases cited36 opinions
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Self v. United Parcel Service, Inc.New Mexico Supreme Court · 1998
- Cavalier Oil Corp. v. HarnettSupreme Court of Delaware · 1989
- Gonzales v. Surgidev Corp.New Mexico Supreme Court · 1995
- Allsup's Convenience Stores, Inc. v. North River InsuranceNew Mexico Supreme Court · 1998
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3Cited by5 opinions
- Rimbert v. Eli Lilly and Co.District Court, D. New Mexico · 2008
- Peters Corp. v. New Mexico Banquest Investors Corp.New Mexico Supreme Court · 2008
- Sunnyland Farms, Inc. v. Central New Mexico Electric Cooperative, Inc.New Mexico Court of Appeals · 2011
- NM BANQUEST INVESTORS v. Peters Corp.New Mexico Court of Appeals · 2007
- Sunnyland Farms, Inc. v. CENT. NM ELEC. CO-OP. INC.New Mexico Court of Appeals · 2011