The number is $723 million dollars. Of that, $467 million for 52% of the company and $256 million in prejudgment interest. It involved the valuation of the private (and "S" corporation) Streck, Inc. Streck was founded in 1971 by Dr. Wayne L. Ryan. Dr. Ryan earned two degrees from Creighton University. He was a brilliant scientist and pioneer in the hematology field. He built a business that had sales of $102 million in 2014, adjusted EBITDA of $54 million and a gross profit of 77%. These are outstanding numbers. Every lawsuit has a legal and personal aspect to it. In this case, the personal aspect is way more interesting than the legal ...

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What is a spendthrift trust? The Nebraska Supreme Court says it is a trust that restrains both a voluntary or involuntary transfer of a beneficiary's interest. That means that the beneficiary can't sell it or give it away nor can his creditors or predators reach it. One thing to appreciate about trusts is that a court will enforce the provisions of that document according to your written wishes. Your survivors and beneficiaries can't change the terms of a trust if the proposed change violates a material purpose of the trust. If the purposes of the trust are lawful, not contrary to public policy and are for the benefit of the its ...

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