If you haven’t already listened to Episode 1/Part 1 of my interview with Chris Mercer, in which Chris discusses the fundamentals of the controversy surrounding application of the marketability discount in statutory fair value proceedings, I suggest you start there before listening to this Part 2 in which Chris dives into the appraisal case law in which the marketability discount has been battled over, including the high-stakes AriZona Iced Tea case in which Chris testified as an expert witness.
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