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Anthony Ostlund Obtains a Fair Value Buyout Order for Client Kim Lund

February 21, 2017

In October 2016, Anthony Ostlund obtained a fair value buyout order for its client, Kim Lund, a 25% owner of the Lunds entities, which own the Lunds and Byerly’s grocery stores and related real estate.  

On February 7-13, 2017, trial team Janel Dressen, Shannon Awsumb and Rich Ostlund tried the valuation case before Chief Judge Bernhardson in Hennepin County District Court.  The case garnered much media attention and is featured in the articles below.  The matter is under advisement with the Court, who will issue a written decision expected sometime in the spring of 2017.

Click on the links below for news stories.

Star Tribune:

02/17/17 Troubled pension fund a sticking point in Lund sibling feud

02/14/17 Judge urges Lund grocery chain heirs to halt feud

02/11/17 Schafer: Lunds & Byerlys learning about the cost of equity amid sibling legal battle

02/10/17 Lunds court battle continues with siblings taking company's side

02/09/17 Lund heiress says she wants to free her inheritance to use for philanthropy

02/08/17 Lunds & Byerlys caught in the middle of sibling court battle

Minneapolis/St. Paul Business Journal:

02/09/17 Lund battle: CEO Tres Lund, sister Kim Lund testify in court 

02/08/17 Lunds & Byerlys owners in court fight over sister's stake

Convenience Store News:

02/08/17 Lund Sibling Sues for Stake in Chain

Supermarket News:

02/08/17 Lund family dispute goes to trial