Illinois Appellate Court Affirms Valuation of Marital Business

BVLaw
Court Case Digests
February 15, 2024
3999 Manufacturing Industries, NEC
339999 All Other Miscellaneous Manufacturing
marital dissolution/divorce
expert valuation, marital asset, marital estate, motion for reconsideration, marital property, trial court

In re Rozdolsky
2024 Ill. App. Unpub. LEXIS 311
US
State Court
Illinois
Appellate Court
Sandor Goldstein; David Bart, ABV, ASA; Lee Gould, CPA/ABV/CFF
Hutchinson, Kennedy

Summary

In this complex Illinois divorce case, the appellate court affirmed the valuation of the husband’s business. The trial court had already reduced the wife’s expert’s valuation by 30%. Overall, the husband raised nine issues on appeal, including having to contribute to the wife’s attorney’s and expert fees, resulting from the husband’s lack of cooperation in discovery.

See Also

In re Rozdolsky

In this complex Illinois divorce case, the appellate court affirmed the valuation of the husband’s business. The trial court had already reduced the wife’s expert’s valuation by 30%. Overall, the husband raised nine issues on appeal, including having to contribute to the wife’s attorney’s and expert fees, resulting from the husband’s lack of cooperation in discovery.