Legal Opinion

Link v. L.S.I., Inc.

South Dakota Supreme Court

Decided December 29, 2010No. 25525, 25610PublishedCited by 9 opinions

1Opinion of the Court

GILBERTSON, Chief Justice.

[¶ 1.] Jay Link petitioned for judicial dissolution of L.S.I., Inc. (LSI). The circuit court denied the petition and granted LSI’s petition to buy out Jay’s shares at a “fair value.” Jay appeals the valuation of his shares, the condition of the payments, and the dismissal of his remaining claims. We affirm in part, reverse in part, and remand. LSI filed a later appeal, challenging the interest awarded on the buyout. We conclude the circuit court did not issue a final order reviewable on appeal.

FACTS

[¶ 2.] Jack Link and his sons, Jay and Troy, owned various companies…

2Cases cited26 opinions

  1. Migra v. Warren City School District Board of EducationSupreme Court of the United States · 1984
  2. Budinich v. Becton Dickinson & Co.Supreme Court of the United States · 1988
  3. Black Hills Jewelry Manufacturing Co. v. Felco Jewel Industries, Inc.South Dakota Supreme Court · 1983
  4. Miller v. HernandezSouth Dakota Supreme Court · 1994
  5. Peterson, Ex Rel. Peterson v. BurnsSouth Dakota Supreme Court · 2001

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3Cited by9 opinions

  1. Hayes v. Rosenbaum Signs & Outdoor Advertising, Inc.South Dakota Supreme Court · 2014
  2. In Re the Estate of GeierSouth Dakota Supreme Court · 2012
  3. Hiller v. HillerSouth Dakota Supreme Court · 2015
  4. Nemec v. GoemanSouth Dakota Supreme Court · 2012
  5. Loren Wagner v. Russell Wagner Wanooka FarmsIdaho Supreme Court · 2016

4 more not listed; retrieve them via the Exa API.

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