Court upholds valuation but overturns money judgment payable immediately

Business Valuation UpdateVol. 9 No. 6
Legal and Court Case Update
June 2003
5211 Lumber and Other Building Materials Dealers
444110 Home Centers
marital dissolution/divorce

In re the Marriage of McDonald
2003 Wash. App. LEXIS 401
March 11, 2003
State Court
Court of Appeals
Roger Lilley (for wife)


The issue in this marital dissolution was the valuation and distribution of the husbands nonvoting stock in the family business, Savage Wholesale Building Materials, Inc.

See Also

In re the Marriage of McDonald

At issue is the valuation of husband's separately owned stock in a closely held family corporation.