Louisiana Courts Wrestle With Treatment of Debt in Community Property Valuation

BVLaw
Court Case Digests
December 19, 2018

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. (1,247 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
7379 Computer Related Services, NEC
541519 Other Computer Related Services
marital dissolution/divorce
expert testimony, community property, valuation date, debt, fiduciary duty
Henry v. Henry
2018 La. App. LEXIS 2543
US
State Court
Louisiana
Court of Appeal
Vanessa Claiborne (court-appointed expert)
Ledet

Summary

In community property partition case, appeals court upholds valuation of community-owned firm; firm is not responsible for debts of an acquired company that are personally guaranteed by husband but not by express corporate contract; valuation must not subtract debt amount.

See Also

Henry v. Henry

Full Text of Court Cases
December 19, 2018

In community property partition case, appeals court upholds valuation of community-owned firm; firm is not responsible for debts of an acquired company that are personally guaranteed by husband but not by express corporate contract; valuation must not subtract debt amount.

This article also appears in:
Business Valuation UpdateVol. 25 No. 3