'Book Value' by 'General Accounting Principles' Does Not Necessarily Mean GAAP

Business Valuation UpdateVol. 2 No. 3
Legal and Court Case Update
March 1996
buy/sell agreement
book value, generally accepted accounting principles (GAAP)

Lake Cable and Buhrow v. Trittler
914 S. W.2d 431
January 23, 1996
State Court
Court of Appeals


Defendant, Oliver Trittler Jr., is the personal representative of an estate.

See Also

Lake Cable and Buhrow v. Trittler

At issue is whether the term "book value" was erroneously interpreted, resulting in a calculation of a substantially insufficient value, in corporate stock restriction agreement.