Circuit Court Erroneously Exercised Its Discretion When It Excluded Assets From Marital Estate

Business Valuation UpdateVol. 4 No. 1
Legal and Court Case Update
January 1998
0723 Crop Preparation Services For Market, except Cotton Ginning
115114 Postharvest Crop Activities (except Cotton Ginning)
marital dissolution/divorce
accounts receivable

Isherwood v. Isherwood
572 N.W.2d 902
November 26, 1997
State Court
Court of Appeals


Wife appeals property division components of divorce judgment, and maintains the court erred in excluding $200,000 in Isherwood Company accounts receivable and certain appraised farm property.

See Also

Isherwood v. Isherwood

At issue is the valuation of the receivables/crops and a parcel of real estate of husband's family farm.