Summary
The Iowa Court of Appeals affirmed the lower court’s valuation of corporate stock based on a letter of intent to purchase the interest at some point after the date of dissolution. It is significant that neither party presented expert valuation testimony.
In re the Marriage of Pamela K. Davidson v. Richard Davidson
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See Also
Valuation Based on Unconsummated Future Transaction
The Iowa Court of Appeals affirmed the lower court’s valuation of corporate stock based on a letter of intent to purchase the interest at some point after the date of dissolution. It is significant that neither party presented expert valuation testimony.