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MARTIN v. MARTIN BROS. CONTAINER & TIMBER PROD. CORP.

No. 3:00CV7642.

241 F.Supp.2d 815 (2003)

Raymond J. MARTIN, et al., Plaintiffs v. MARTIN BROS. CONTAINER & TIMBER PRODUCTS CORP., et al., Defendants

United States District Court, N.D. Ohio, Western Division.

January 6, 2003.

Attorney(s) appearing for the Case

David J. Rohrbacher, Rohrbachers Light Cron Zmuda & Trimble, Nicholas J. Cron, Rohrbachers Light Cron Zmuda & Trimble, Toledo, OH, for Plaintiffs.

Cheryl L. Ryan, Greg W. Jones, Timothy Curtis Jochim, Jochim Co., L.P.A., Columbus, OH, for Defendants.

ORDER

CARR, District Judge.

This is a diversity case brought by minority shareholders in the defendant Martin Bros. Container & Timber Products Corporation as a "special proceeding" under § 1701.85(B) of the Ohio Revised Code to determine the fair market value of the plaintiffs' shares in the corporation. Under that provision, the fair cash value of the plaintiffs' shares is the amount that a willing seller under no compulsion to sell would be willing...

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