Court Adds Undeposited Check to Value of Business

Business Valuation UpdateVol. 17 No. 9
Legal and Court Case Update
September 2011

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5045 Computers and Computer Peripheral Equipment and Software
511210 Software Publishers
marital dissolution/divorce
McRae v. McRae
2011 WL 1991725 (Conn. App.)
May 31, 2011
US
State Court
Connecticut
Court of Appeals
Joseph DeCusatie (wife); John Kramer (husband)
Robinson

Summary

Court finds that net asset value of healthcare software company includes un-deposited earnings, despite husband’s contention that the check was for future services.

See Also

McRae v. McRae

Full Text of Court Cases
May 31, 2011

Court finds that net asset value of healthcare software company includes undeposited earnings, despite husband’s contention that the check was for future services.