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ELY, INC. v. WILEY

No. 94-1535.

546 N.W.2d 218 (1996)

ELY, INC., f/k/a Microfuel Corporation, Plaintiff-Appellant, v. Allen C. WILEY, Defendant-Appellee.

Court of Appeals of Iowa.

February 2, 1996.

Attorney(s) appearing for the Case

Leonard T. Strand, Stephen J. Holtman, and Richard G. Hileman, Jr. of Simmons, Perrine, Albright & Ellwood, P.L.C., Cedar Rapids, and Donald G. Thompson of Bradley & Riley, P.C., Cedar Rapids, for appellant.

Mark E. Liabo and Tom Riley of the Tom Riley Law Firm, P.C., Cedar Rapids, for appellee.

Heard by SACKETT, P.J., HABHAB, J., and SCHLEGEL, Senior Judge.

SACKETT, Presiding Judge.

This appeal questions the district court's valuation of a minority dissenting shareholder interest. Plaintiff-appellant Ely, Inc., f/k/a MicroFuel Corporation, appeals a district court decision in defendant-appellee Allen C. Wiley's shareholder dissenter's action seeking valuation of defendant's minority interest in plaintiff corporation. Plaintiff contends the valuation placed on the stock by the district court was too high. Plaintiff contends...

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