Brown v. Brown

Full Text of Court Cases
February 28, 2002
5193 Flowers, Nursery Stock, and Florists' Supplies
424930 Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers
marital dissolution/divorce
fair value, income approach, capitalization rate, discount for lack of marketability (DLOM), marital dissolution, market approach, discount for lack of control (DLOC)

Brown v. Brown
348 N.J. Super. 466, 792 A.2d 463, 2002 N.J. Super. LEXIS 105
State Court
New Jersey
Court of Appeals
Stephan C. Chait, CPA/ABV, DABFA (for wife); Kalman A. Barson, CPA/ABV, CVA (for husband)


Issues were value husband's interest in the family florist business, whether stock should be discounted for minority interest or marketability, and whether stock was a gift.

See Also

Marital Court Denies Discounts Based on Shareholder Fair Value Standard

The issues raised in this marital dissolution case were (1) whether the trial court erred in valuing husband's interest in Union County Florist Supplies, Inc . (Florist), the family florist ...