VALE v. VALCHUIS

SJC-11744.

471 Mass. 495 (2015)

30 N.E.3d 832

MICHAEL A. VALE v. DAVID J. VALCHUIS & another.

Supreme Judicial Court of Massachusetts, Middlesex.

May 22, 2015.


Attorney(s) appearing for the Case

Euripides D. Dalmanieras (James W. Bucking with him) for New England Cleaning Services, Inc.

Robert R. Berluti (Edward F. Whitesell, Jr., with him) for the plaintiff.

Ben Robbins & Martin J. Newhouse, for New England Legal Foundation, amicus curiae, submitted a brief.

Present: GANTS, C.J., SPINA, CORDY, BOTSFORD, DUFFLY, LENK, & HINES, JJ.


In this case we decide whether the valuation of stock, pursuant to a stock transfer restriction, is a proper subject for arbitration and, if so, whether and when a selling shareholder may terminate the arbitration process. The transfer restriction in this case required the shareholder first to offer his stock to the company at his desired...

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