Legal Opinion
Leone v. Owsley
Court of Appeals for the Tenth Circuit
Decided November 25, 2015No. 14-1185PublishedCited by 114 opinions
1Opinion of the Court
SEYMOUR, Circuit Judge.
In 2012, appellant Charles D. Leone II resigned his position as a principal of Madison Street Partners, LLC (“MSP”). Pursuant to the terms of MSP’s Operating Agreement, fellow principals Steven Ows- ley and Drew Hayworth elected to buy Leone’s interest in MSP. The agreement required the purchase price to be set at fair market value, as determined in good faith by MSP’s managers, Mr. Owsley and Mr. Hayworth (“Managers”). After receiving valuations from two independent valuation firms, the Managers proposed a purchase price of $135,850, which Mr. Leone rejected.
Mr. Leone…
2Cases cited18 opinions
- Marian Fontenot, Etc. v. The Upjohn CompanyCourt of Appeals for the Fifth Circuit · 1986
- Hunt v. CromartieSupreme Court of the United States · 1999
- Brehm v. EisnerSupreme Court of Delaware · 2000
- Schneider v. City of Grand Junction Police DepartmentCourt of Appeals for the Tenth Circuit · 2013
- Anthony A. Calderone, Clark Hornbaker, Plaintiffs-Counterclaim Defendants v. United States of America, Defendant-Counter-Claimant-AppellantCourt of Appeals for the Sixth Circuit · 1986
13 more not listed; retrieve them via the Exa API.
3Cited by114 opinions
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- Greer v. City of Wichita, KansasCourt of Appeals for the Tenth Circuit · 2019
- Photographic Illust'rs Corp. v. Orgill, Inc.Court of Appeals for the First Circuit · 2020
- Aluru v. Anesthesia ConsultantsDistrict Court, D. Colorado · 2016
- G&S Metal Consultants, Inc. v. Continental Casualty Co.District Court, N.D. Indiana · 2016
109 more not listed; retrieve them via the Exa API.