Colorado Court Says No National Trend Toward Fair Value in Divorce

Business Valuation UpdateVol. 16 No. 9
Legal and Court Case Update
September 2010
1311 Crude Petroleum and Natural Gas
211120 Crude Petroleum Extraction 
marital dissolution/divorce
fair value, discount for lack of marketability (DLOM)

In re the Marriage of Thornhill (II)
2010 WL 2169086 (Colo.)
June 1, 2010
US
State Court
Colorado
Supreme Court
Vicki A Alsin
Eid

Summary

Appellate court permits valuation of professional’s earning capacity (goodwill) in appraisal of small law practice when there was no child or spousal support at issue.

See Also

In re the Marriage of Thornhill (II)

Colorado Supreme Court declines to adopt statutory fair value standard in marital dissolution cases.