Second Post-Bernier Court Says Income Approach May Be Preferred, But Not Exclusive

Business Valuation UpdateVol. 17 No. 7
Legal and Court Case Update
July 2011
5411 Grocery Stores
445110 Supermarkets and Other Grocery (except Convenience) Stores
marital dissolution/divorce
discount for lack of marketability (DLOM), fair market value (FMV), s corporation, bernier

Palmerino v. Palmerino
2011 WL 1450359 (Mass. App. Ct.)(unpub.)
April 15, 2011
US
State Court
Massachusetts
Court of Appeals
David Gannett (joint expert); Felix Betro (husband’s expert)
Rubin

Summary

Massachusetts court precludes discounts in valuing marital business in divorce, and says that while income approach is preferred, net asset value may be appropriate in the absence of determinable market value.

See Also

Palmerino v. Palmerino

Massachusetts court precludes discounts in valuing marital business in divorce, and says that while income approach is preferred, net asset value may be appropriate in the absence of determinable market value.