One of the interesting points made at the recent AAML/BVR National Divorce Conference was that judges in marital dissolution cases now tend to want more current valuations, particularly when subsequent events may have impacted value. Of course, this can happen as a result of the pandemic. A trial could have started at the outset of the pandemic and then postponed. By the time the trial starts up again, the business could have been materially impacted, rendering the valuations too outdated in the eyes of the trier of fact. Therefore, some of them are abandoning the valuation dates set by precedent and asking for more current valuations.

If you missed the BVR/AAML conference, BVR will be offering recordings of all the sessions. We’ll let you know when they are available.