Opinion ID: 6103545
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Heading: introduction

Text: Leonard and Marlene A. Benes formed the Benes Service Co. (BSC) in 1966. Their children assisted in the day-to-day operations and eventually joined as stockholders of varying degrees. After Leonard passed away, four of the couple’s sons took over active management. After Marlene’s death, her owner­ship interest transferred to the couple’s daughters through her estate (the Estate). Karen Bohac, the personal representative of the Estate and one of the couple’s daughters, began investigating BSC and its corporate practices, later filing a petition for dissolution. BSC responded with an election to purchase in lieu of dissolution. Trial was held on the matter to determine fair value of the Estate’s 14.84 percent interest in BSC. The trial court found that the fair value of 14.84 percent of BSC was worth $2,886,790. The district court declined to award Bohac expenses, attorney fees, and prejudgment interest, and it provided for payment of the judgment in annual installments over 5 years. Bohac appealed, and BSC cross-appealed, at which time we moved this appeal to our docket. We affirm in part, vacate in part, and in part reverse and remand with directions to the district court to recalculate the fair value of BSC and the Estate’s 14.84 percent interest in - 725 - Nebraska Supreme Court Advance Sheets 310 Nebraska Reports BOHAC v. BENES SERVICE CO. Cite as 310 Neb. 722 accordance with this opinion and to set new payment terms according to such recalculated value.