New York Court Validates DLOM in Real Estate Holding Company Valuation

BVLaw
Court Case Digests
December 14, 2017
7996 Amusement Parks
713110 Amusement and Theme Parks
judicial dissolution
discount for lack of control (DLOC), fair value, discount for lack of marketability (DLOM), minority discount, real estate, statutory appraisal, holding company, new york blc

Matter of Levine v Seven Pines Assoc. Ltd. Partnership
2017 N.Y. App. LEXIS 8795
US
State Court
New York
Supreme Court of New York, Appellate Division
Unknown (petitioner); unknown (respondent)
En banc

Summary

In partnership dispute, New York appellate court, citing precedent, approves of use of marketability discount in fixing the fair value of the limited partner’s interest in real estate holding company; however, court rejects use of a minority discount.

See Also

Matter of Levine v Seven Pines Assoc. Ltd. Partnership

In partnership dispute, New York appellate court, citing precedent, approves of use of marketability discount in fixing the fair value of the limited partner’s interest in real estate holding company; however, court rejects use of a minority discount.