Michael v. Michael

Full Text of Court Cases
March 14, 1996
5999 Miscellaneous Retail Stores, NEC
453998 All Other Miscellaneous Store Retailers (except Tobacco Stores)
marital dissolution/divorce
marital dissolution

Michael v. Michael
196 W. Va. 155, 469 S.E.2d 14, 1996 W. Va. LEXIS 23
State Court
West Virginia
Supreme Court
Per Curiam


Issue was the fair market value of the parties' 92% interest in Michael Machine. Includes discussion of Revenue Ruling 59-60.

See Also

Court Rejects Extra 5% Key Person Discount Because Spouse Was Not Working Closely With His Business Over Past Five Years

In this divorce action, the major point of contention between the parties was the value of the couple’s 92% interest in Michael Machine Co. Inc., a machine company that also had invested in bank stocks.