Crismon v. Crismon

BVLaw
Full Text of Court Cases
December 13, 2000
5411 Grocery Stores
445120 Convenience Stores
marital dissolution/divorce
fair value, fair market value (FMV), marital dissolution

Crismon v. Crismon
72 Ark. App. 116, 34 S.W.3d 763, 2000 Ark. App. LEXIS 795
US
State Court
Arkansas
Court of Appeals
Cheryl Shuffield (for wife); Bruce Engstrum (for husband)
Koonce

Summary

At issue is the valuation of husband's interest in two convenience stores and certain commercial property.

See Also

Fair market value scrutinized in divorce

Suzanne Crismon, appellant, and John Crismon, appellee, divorced in September 1996, and entered into a property settlement agreement.

FMV standard in divorce scrutinized

Suzanne Crismon , appellant, and John Crismon , appellee, divorced in September 1996, and entered into a property settlement agreement. The agreement allowed Mrs. Crismon to take over Mr.

Fair Market Value Upheld as the Appropriate Standard of Value

The Arkansas Court of Appeals affirmed the lower court’s use of fair market value as the standard of value in this case.