Court affirms buy-sell agreement's impact on share price

Business Valuation UpdateVol. 4 No. 2
Legal and Court Case Update
February 1998
6411 Insurance Agents, Brokers, and Service
524210 Insurance Agencies and Brokerages
marital dissolution/divorce
buy-sell agreement, minority interest

In re the Marriage of Gillespie
89 Wn. App. 390, 948 P.2d 1338, 1997 Wash. App. LEXIS 2149
December 31, 1997
State Court
Court of Appeals
Frank Ault, CPA (for wife); Curtis Dyckman (for husband); Carey Deaton (for husband)
Seinfeld, Armstrong


Wife appeals the trial court's distribution of property, and claims husband's 293 shares of closely-held stock is community property.

See Also

In re the Marriage of Gillespie

At issue is the valuation of husband's shares in an insurance company and a covenant not to compete.