Legal Opinion

Susan A. Guge and Peggy McDonald v. Kassel Enterprises, Inc.

Supreme Court of Iowa

Decided June 18, 2021No. 19-2151Published

1Opinion of the Court

IN THE SUPREME COURT OF IOWA No. 19–2151 Submitted December 16, 2020—Filed June 18, 2021 SUSAN A. GUGE and PEGGY MCDONALD, Appellees, vs. KASSEL ENTERPRISES, INC., Appellant, CRAIG L. KASSEL, DEBORAH M. KASSEL, KASSEL FARMS, INC., and GREAT OAKS FARMS, INC., Defendants. Appeal from the Iowa District Court for Palo Alto County, Charles K. Borth, Judge. The parties appeal the district court’s “fair value” determination of the plaintiffs’ shares in an election-to-purchase-in-lieu-of-dissolution proceeding, and the defendant also appeals an award of fees and expenses in the plaintiffs’ favor.…

2Cases cited31 opinions

  1. Cavalier Oil Corp. v. HarnettSupreme Court of Delaware · 1989
  2. Shawnee Telecom Resources, Inc. v. BrownKentucky Supreme Court · 2011
  3. NevadaCare, Inc. v. Department of Human ServicesSupreme Court of Iowa · 2010
  4. Soults Farms, Inc. v. Charles J. Schafer v. Soults Farms, Inc.Supreme Court of Iowa · 2011
  5. Bogosian v. WoloohojianCourt of Appeals for the First Circuit · 1998

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