Okerlund v. United States (II)

Full Text of Court Cases
April 9, 2004
2024 Ice Cream and Frozen Desserts
311520 Ice Cream and Frozen Dessert Manufacturing
estate and gift taxation
gift tax

Okerlund v. United States (II)
2004 U.S. App. LEXIS 6970
Federal Court
Federal Circuit
United States Court of Appeals
Allen I. Saeks
Shannon P. Pratt, CFA, FASA, MCBA (for Okerlund), Herbert T. Spiro (for U.S.)


Events after the donation date, though foreseen in Dr. Pratt's valuation do not constitute reversiible error on the part of the Claims court for rejecting the valuation.

See Also

Court Not Required to Reflect Subsequent Events

At issue in this appeal was the use of subsequent events in valuing the closely held stock of Schwan’s Sales Enterprises Inc. (SSE).