Court’s Discount Rates Don’t Overvalue Business Interests

Business Valuation UpdateVol. 19 No. 3
Legal and Court Case Update
March 2013
6512 Operators of Nonresidential Buildings
531312 Nonresidential Property Managers
marital dissolution/divorce
discount for lack of control (DLOC), discount for lack of marketability (DLOM)

Halliday v. Halliday
2012 Tenn. App. LEXIS 856
December 6, 2012
US
State Court
Tennessee
Court of Appeals
Robert E. Yates, II (husband); David C. Wood (wife)
Dinkins

Summary

Trial court did not overvalue husband’s interests in various businesses since it applied a DLOC whenever the husband did not have a 100% interest in the company and a DLOM that was consistent with expert testimony, state Court of Appeals finds.

See Also

Halliday v. Halliday

Trial court did not overvalue husband’s interests in various businesses since it applied a DLOC whenever the husband did not have a 100% interest in the company and a DLOM that was consistent with expert testimony, state Court of Appeals finds.