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O'CONNOR APPEAL

444 Pa. 206 (1971)

O'Connor Appeal.

Supreme Court of Pennsylvania.

October 12, 1971.

Attorney(s) appearing for the Case

James P. Coho, for appellant.

Raymond W. Midgett, Jr., with him Kenneth W. Gemmill, John I. Hartman, Jr., Dechert, Price & Rhoads, and Windolph, Burkholder & Hartman, for appellee.

Before BELL, C.J., JONES, EAGEN, O'BRIEN, ROBERTS, POMEROY and BARBIERI, JJ.

OPINION BY MR. JUSTICE ROBERTS, October 12, 1971:

The appeal presents the question of whether an award made to a dissenting shareholder under § 515 of the Business Corporation Law1 was supported by competent evidence. We find that it was not, and accordingly remand the record for a new determination of fair value.2

The majority shareholders of Watt &...

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