Court Affirms Discounts and Hypothetical Capital Gains Taxes

Business Valuation UpdateVol. 4 No. 4
Legal and Court Case Update
April 1998
2873 Nitrogenous Fertilizers
325311 Nitrogenous Fertilizer Manufacturing
income approach, asset approach

In re Frezzo
217 B.R. 985,32 Bankr. Ct. Dec. 298
March 5, 1998
Federal Court
United States Bankruptcy Court
Stephen J. Scherf (for trustee)


In a motion before the bankruptcy court, Chapter 7 trustee, Gloria Satriale , sought leave to sell debtor's 50% interest in a mushroom composting company to debtor's brother, James Frezzo, who also had a 50% interest in the company, known as Frezzo Brothers.

See Also

In re Frezzo

At issue is the fair value of the Debtor's fifty percent (50%) shareholder interest in a corporate mushroom composting business known as Frezzo Brothers, Inc.