Court Considered Comparable Sale and Husband’s Direct Competition in Valuing the Parties’ Restaurant/Bar

Business Valuation Update BVLaw
Legal and Court Case Update
March 31, 1998

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5812 Eating and Drinking Places
722511 Full-Service Restaurants
marital dissolution/divorce
William I. Stewart v. Alice Despard
No. 1570-97-4 (VA App. 1998)
US
State Court
Virginia
Court of Appeals
Arthur Jackson-Early
Annunziata

Summary

The Virginia Court of Appeals affirmed the trial court's valuation and division of a marital business, a restaurant-bar. The trial court split the difference between the parties' valuations. However, it criticized the husband's expert regarding the sale.

See Also

William I. Stewart v. Alice Despard

Full Text of Court Cases
March 31, 1998

The Virginia Court of Appeals affirmed the trial court's valuation and division of a marital business, a restaurant-bar. The trial court split the difference between the parties' valuations. However, it criticized the husband's expert regarding the sale.