Browne v. Browne, Jr.

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August 27, 2014

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marital dissolution/divorce
divorce, income approach, morningstar, size premium, asset approach, buyout, capitalization rate, closely held corporation, discount for lack of marketability (DLOM), marital estate, minority discount, liquidity, stock purchase agreement, stock value
Browne v. Browne, Jr.
2014 Tenn. App. LEXIS 521
US
State Court
Tennessee
Court of Appeals
Shannon Welsh Farr (wife); Randall Benjamin Hebert (husband)
Frierson, II

Summary

Appeals court defers to trial court’s method of applying one expert’s cap rate to other expert’s cash flow analysis when valuing spouse’s interest in closely held company and says “purposeful” application of minority discount has support among valuators.
Browne v. Browne, Jr.
PDF, Size: 255 KB

See Also

Valuation Combines Elements of Rival Experts’ Cash Flow Analyses

Legal and Court Case Update
December 2014

Appeals court defers to trial court’s method of applying one expert’s cap rate to other expert’s cash flow analysis when valuing spouse’s interest in closely held company and says “purposeful” application of minority discount has support among valuators.

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