Kentucky Appellate Court Affirms Selection of Valuation Date and Applies Known or Knowable Concept

BVLaw
Court Case Digests
July 12, 2024
6531 Real Estate Agents and Managers
531390 Other Activities Related to Real Estate
marital dissolution/divorce
divorce, marital estate, valuation date, marital property, dissolution

Delk v. Delk
2024 Ky. App. Unpub. LEXIS 407
US
State Court
Kentucky
Court of Appeals
Jim Roller, Calvin D. Cranfill
Acree, Easton, Goodwine

Summary

The selection of a trial date in this case had further implications for the value of the husband’s business. An FDA investigation resulting in a large fine and impairment of the business was not known at the valuation date and thus was not allowed in determining the value of the business for marital estate purposes.

See Also

Delk v. Delk

The selection of a trial date in this case had further implications for the value of the husband’s business. An FDA investigation resulting in a large fine and impairment of the business was not known at the valuation date and thus was not allowed in determining the value of the business for marital estate purposes.