Summary
The North Carolina Court of Appeals affirmed the trial court’s acceptance of the wife’s expert’s valuation of the husband’s painting business. The expert valued the business using the asset, income and market approaches. The appellate court found that the ...
Dixie Lee Franks v. Billy Eugene Franks
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Valuation Expert’s Opinion of Value Accepted Over Owner’s Opinion
The North Carolina Court of Appeals affirmed the trial court’s acceptance of the wife’s expert’s valuation of the husband’s painting business. The expert valued the business using the asset, income and market approaches.