Illinois Court Adopts Valuation of Its Own Expert—Determines Control Value by Deducting Discounted Minority Value

BVLaw
Court Case Digests
June 10, 2024

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (819 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
6732 Education, Religious, and Charitable Trusts
813211 Grantmaking Foundations
marital dissolution/divorce
discount for minority interest, fair market value (FMV), minority interest, ownership interest, control value, dissolution, distributions, trial court
In re Gerber
2024 IL App (2d) 220244-U; 2024 Ill. App. Unpub. LEXIS 1209
US
State Court
Illinois
Appellate Court
Birkett, McLaren, Hutchinson

Summary

The court-appointed valuation expert in this divorce case determined a control value by deducting a discounted minority interest value from the 100% fair market value. Both the trial court and appellate court accepted this methodology.

See Also

In re Gerber

Full Text of Court Cases
June 10, 2024

The court-appointed valuation expert in this divorce case determined a control value by deducting a discounted minority interest value from the 100% fair market value. Both the trial court and appellate court accepted this methodology.

This article also appears in:
Business Valuation UpdateVol. 30 No. 8