Criminal Charges Not a Factor in Setting Valuation Date

Business Valuation Update BVLaw
Legal and Court Case Update
August 6, 1996
1521 General Contractors-Single-Family Houses
236115 New Single-Family Housing Construction (except For-Sale Builders)
marital dissolution/divorce
valuation date

Quillen v. Quillen (II)
671 N.E.2d 98, 1996 Ind. LEXIS 104
US
State Court
Indiana
Supreme Court
James Alerding (for wife)
Sullivan

Summary

The Indiana Supreme Court reversed the appellate court and upheld the lower court's decision to set the valuation date as the date of separation. The business substantially decreased in value after that date due to the husband-owner's incarceration for s ...

See Also

Quillen v. Quillen (II)

At issue is the valuation of couple's construction business.