Lemmen v. Lemmen

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February 9, 2010

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1311 Crude Petroleum and Natural Gas
211120 Crude Petroleum Extraction 
marital dissolution/divorce
discount for lack of marketability (DLOM), minority interest, build-up method
Lemmen v. Lemmen
2010 WL 454959 (Mich. App.)
US
State Court
Michigan
Court of Appeals
Eric Adamy (wife), Neil DeBoer (husband), and Gary Trugman (wife’s rebuttal)
Meter, Servitto, Wilder

Summary

Court of Appeals affirms minority and marketability discounts for cash-rich, closely held business in divorce; dissent urges statutory fair value standard.
Lemmen v. Lemmen
PDF, Size: 43 KB

See Also

Ruling on Discounts in Divorce Leaves Case Ripe for Appeal

Legal and Court Case Update
April 2010

Court of Appeals affirms minority and marketability discounts for cash-rich, closely held business in divorce; dissent urges statutory fair value standard.

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