Spouse’s Unilateral Stock Agreement Sets Value in Divorce Action

BVLaw
Court Case Digests
July 13, 2016

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8011 Offices and Clinics of Doctors of Medicine
621111 Offices of Physicians (except Mental Health Specialists)
marital dissolution/divorce
goodwill, fair value, fair market value (FMV), shareholder agreement, stock buyback, going concern value
Baumbouree v. Baumbouree
2016 La. App. LEXIS 1388
US
State Court
Louisiana
Court of Appeal
Mark Shirley (wife/appellant); unknown (husband/appellee)
Keaty

Summary

Appeals court agrees with trial court that valuation in stock agreement is binding in partition action even though non-owner spouse refused to sign agreement and agreement did not mention divorce as one of the circumstances in which valuation applied.

See Also

Baumboree v. Baumbouree

Full Text of Court Cases
July 13, 2016

Appeals court agrees with trial court that valuation in stock agreement is binding in partition action even though non-owner spouse refused to sign agreement and agreement did not mention divorce as one of the circumstances in which valuation applied.

Spouse’s Unilateral Stock Agreement Sets Value in Divorce Action

BVLaw Case Update
October 2016

Appeals court agrees with trial court that valuation in stock agreement is binding in partition action even though non-owner spouse refused to sign agreement and agreement did not mention divorce as one of the circumstances in which valuation applied.