Colclasure v. Colclasure

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November 20, 2012

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1752 Floor Laying and Other Floor Work, NEC
238330 Flooring Contractors
marital dissolution/divorce
buy-sell agreement, valuation date
Colclasure v. Colclasure
2012 Okla. LEXIS 106
US
State Court
Oklahoma
Supreme Court
Kenneth W. Klingenberg (wife); Ralph E. Blodgett (husband)
Kauger

Summary

State Supreme Court finds trial court erred in valuing husband’s business interest based on buy-out agreement the parties ignored; on remand, valuation must meet statutory requirement of a fair and just division.
Colclasure v. Colclasure
PDF, Size: 97 KB

See Also

Buyout Agreement Irrelevant to Valuation of Spouse’s Business Interest

Legal and Court Case Update
February 2013

State Supreme Court finds trial court erred in valuing husband’s business interest based on buy-out agreement the parties ignored; on remand, valuation must meet statutory requirement of a fair and just division.

This article also appears in:
Business Valuation in Divorce Case Law Compendium
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