Opinion ID: 1929184
Heading Depth: 1
Heading Rank: 2

Heading: Scope of Review on Valuation Issues.

Text: Actions to determine the value of dissenters' shares pursuant to section 490.1330 are at law. Sieg Co. v. Kelly, 512 N.W.2d 275, 278 (Iowa 1994). Consequently, our review would typically be for errors of law. See id. Notwithstanding the legal nature of a fair value action, the present case was tried in equity. [1] We have said we will review a case on appeal in the same manner as it was tried in the district court. Davis-Eisenhart Mktg. Co. v. Baysden, 539 N.W.2d 140, 142 (Iowa 1995). Therefore, our review is de novo. Id. Nevertheless, we give considerable deference to the trial court's factual determinations. Id.