Court affirms value based on capitalization of earnings method

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

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1771 Concrete Work
238110 Poured Concrete Foundation and Structure Contractors
marital dissolution/divorce
marital dissolution, capitalization of excess earnings method
Hillsburg v. Hillsburg
2003 Mich. App. LEXIS 1383
June 10, 2003
US
State Court
Michigan
Court of Appeals
Robert Bell, CPA (for wife); Larry Wilson, CPA (for husband)
Per Curiam

Summary

One of the issues in this case was the value of husband's business, Johnson Poured Walls.

See Also

Hillsburg v. Hillsburg

Full Text of Court Cases
June 10, 2003

Issue was the value of husband's business and whether the trial court erred by not using the net asset value method and failing to deduct liabilities owed to the business by related entities ...