Case Remanded to Trial Court for Failure to Value the Business

Business Valuation UpdateVol. 9 No. 10
Legal and Court Case Update
October 2003

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1542 General Contractors-Nonresidential Buildings, Other than Industrial Buildings and Warehouses
236220 Commercial and Institutional Building Construction
marital dissolution/divorce
marital dissolution, s corporation
Olson v. Olson
2003 Mich. App. LEXIS 1255
May 27, 2003
US
State Court
Michigan
Court of Appeals
Craig Stout (for wife); John Stockdale (for husband)
Fitzgerald

Summary

The issue in this marital dissolution was whether the trial court erred in failing to value the company and instead splitting the husband’s stock between the parties.

See Also

Olson v. Olson

Full Text of Court Cases
May 27, 2003

The issue in this case is the court's award of stock to the spouse rather than valuing the stock and awarding half the value.