Court uses net asset value to value service business

Business Valuation UpdateVol. 8 No. 5
Legal and Court Case Update
May 2002

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8299 Schools and Educational Services, NEC
611630 Language Schools
marital dissolution/divorce
fair market value (FMV), intrinsic value, marital dissolution, preferred stock
Diamond v. Diamond
2002 Va. App. LEXIS 171
March 19, 2002
US
State Court
Virginia
Court of Appeals
Bruce Dubinsky, MST, CPA, CVA, CFE (for wife); A. Jackson Early (for husband)
Willis

Summary

The issues in this case marital dissolution case were (1) whether the trial court erred in determining the value of Language Learning Enterprises, Inc. (LLE), and (2) whether the trial court erred in its award of the wife's interest in LLE.

See Also

Diamond v. Diamond

Full Text of Court Cases
March 19, 2002

Issues were whether the trial court erred in determining the value of Language Learning Enterprises, Inc. and in its award of the wife's interest in the company.