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State Courts -
California - February 9, 2009
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Cotton v. Expo Power Systems, Inc., B205731,
COURT OF APPEAL OF CALIFORNIA, SECOND APPELLATE DISTRICT, DIVISION FIVE, February 9, 2009, Filed
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Overview: Because appraisers who determined the fair value of shares pursuant to Corp. Code, ¿ 2000, subd. (c), did not account for a related derivative action, their report failed to appraise the value of a potential asset of the corporation and was incomplete. Confirming the appraisal and deferring valuation was improper under ¿ 2000, subd. (f).
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Spielbauer v. County of Santa Clara, S150402,
SUPREME COURT OF CALIFORNIA, February 9, 2009, Filed
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Overview: Termination of a county employee who refused to answer questions during an investigation of suspected misconduct, after he was advised that his answers could not be used in a criminal proceeding, was valid; U.S. Const., 5th Amend., and Cal. Const., art. I, ¿ 15, did not require the county to provide a formal grant of immunity.
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