Book Value Accurately Reflects FMV of Departing Partner’s Interest

Business Valuation UpdateVol. 19 No. 6
Legal and Court Case Update
June 2013
8999 Services, NEC
561499 All Other Business Support Services
judicial dissolution

Fancher v. Prudhome
2013 La. App. LEXIS 318
February 27, 2013
US
State Court
Louisiana
Court of Appeals
Ben Woods (plaintiff); unknown (defendants)
Williams

Summary

State appellate court validates trial court’s use of book value of LLC to compute FMV of withdrawing partner’s interest; it finds the income approach is inapplicable because there is no guarantee of future cash flow considering the withdrawing member prov ...

See Also

Fancher v. Prudhome

State appellate court validates trial court’s use of book value of LLC to compute FMV of withdrawing partner’s interest; it finds the income approach is inapplicable because there is no guarantee of future cash flow considering the withdrawing member prov ...