Court Pans Valuation Based on Expert’s Fiction, Not Fact

Business Valuation UpdateVol. 20 No. 6
Legal and Court Case Update
June 2014

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0811 Timber Tracts
113110 Timber Tract Operations
marital dissolution/divorce
normalization, personal goodwill, fair market value (FMV), minority interest, equitable distribution, officer compensation
Ward v. Ward
2014 W.Va. LEXIS 128
February 14, 2014
US
State Court
West Virginia
Court of Appeals
Ross Dionne (wife); Dan Selby (husband)
Ross Dionne (wife); Dan Selby (husband)
Per Curiam

Summary

High court rejects valuation of husband’s interest in closely held company where wife’s expert transformed it from one owned by four people into one managed by one person to increase its overall value.

See Also

Ward v. Ward

Full Text of Court Cases
February 14, 2014

High court rejects valuation of husband’s interest in closely held company where wife’s expert transformed it from one owned by four people into one managed by one person to increase its overall value.