Business Debt Renders Expert’s Lack of BV Credentials Inconsequential

Business Valuation UpdateVol. 22 No. 2
Legal and Court Case Update
February 2016

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7299 Miscellaneous Personal Services, NEC
561311 Employment Placement Agencies
marital dissolution/divorce
daubert, expert testimony, admissibility, fair market value (FMV), going concern, reliability, debt
Sternat v. Sternat
2015 Wisc. App. LEXIS 776
October 28, 2015
US
State Court
Wisconsin
Court of Appeals
Marcia Teal (husband); Kris Disbrow (wife)
Per Curiam

Summary

Appeals court says trial court’s decision to admit opinion of seasoned CPA expert who was not a credentialed business valuator was not error because valuation was a “non-issue” where evidence showed the indebted company was no longer a going concern.

See Also

Sternat v. Sternat

Full Text of Court Cases
October 28, 2015

Appeals court says trial court’s decision to admit opinion of seasoned CPA expert who was not a credentialed business valuator was not error because valuation was a “non-issue” where evidence showed the indebted company was no longer a going concern.