Calais Company, Inc. v. Kyzer Ivy
Alaska Supreme Court
1Opinion of the Court
OPINION
STOWERS, Justice.
I. INTRODUCTION
In 2007, Deborah Kyzer Ivy, a shareholder of Calais Company, Inc. (Calais), filed a complaint against Calais seeking involuntary corporate dissolution. In May 2009, Ivy and Calais reached a settlement agreement (Agreement) in which Calais agreed to purchase Ivy's shares at "fair value" as determined by a three-member panel of appraisers. The appraisers disagreed over the fair value of Calais. Two of the appraisers agreed the fair value of Calais was $92.5 million; one appraiser dissented, valuing Calais at $43 million.
Calais sought to enforce the…
2Cases cited23 opinions
- Bogosian v. WoloohojianCourt of Appeals for the First Circuit · 1998
- Municipality of Anchorage v. GentileAlaska Supreme Court · 1996
- Miller v. USAA Casualty Insurance Co.Utah Supreme Court · 2002
- Norville v. Carr-Gottstein Foods Co.Alaska Supreme Court · 2004
- Wells v. American States Preferred Insurance Co., Texas Court of Appeals, 5th District (Dallas)1996
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