Court Not Required to Reflect Subsequent Events

Business Valuation UpdateVol. 10 No. 7
Legal and Court Case Update
July 2004

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (278 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
2024 Ice Cream and Frozen Desserts
311520 Ice Cream and Frozen Dessert Manufacturing
estate and gift taxation
gift tax
Okerlund v. United States (II)
2004 U.S. App. LEXIS 6970
April 9, 2004
US
Federal Court
Federal Circuit
United States Court of Appeals
Allen I. Saeks
Shannon P. Pratt, CFA, FASA, MCBA (for Okerlund), Herbert T. Spiro (for U.S.)
Gajarsa

Summary

At issue in this appeal was the use of subsequent events in valuing the closely held stock of Schwan’s Sales Enterprises Inc. (SSE).

See Also

Okerlund v. United States (II)

Full Text of Court Cases
April 9, 2004

Events after the donation date, though foreseen in Dr. Pratt's valuation do not constitute reversiible error on the part of the Claims court for rejecting the valuation.