Priebe v. Priebe

Full Text of Court Cases
December 4, 1996
5411 Grocery Stores
445120 Convenience Stores
marital dissolution/divorce
marital dissolution, minority interest, discount for lack of control (DLOC)

Priebe v. Priebe
1996 SD 136, 556 N.W.2d 78, 1996 S.D. LEXIS 145
State Court
South Dakota
Supreme Court


Issue is the value of husband's one-quarter interest in four family businesses, including whether a forty-percent minority discount was appropriate in a divorce setting.

See Also

Application of Minority Discounts Determined on a Case-by-Case Basis

The South Dakota Supreme Court affirmed the application of a 40% minority interest discount to the husband's 25% interests in four family businesses. After reviewing cases from other jurisdictions, the supreme court noted that the application of a minorit ...