Dated Valuation Not Per Se Unreliable Indicator of FMV

Business Valuation UpdateVol. 20 No. 3
Legal and Court Case Update
March 2014
0742 Veterinary Services for Animal Specialties
541940 Veterinary Services
marital dissolution/divorce
fair market value (FMV), valuation date

Sparks v. Sparks
2013 Mo. App. LEXIS 1421
November 26, 2013
US
State Court
Missouri
Court of Appeals
David Davenport (business valuation, wife); Kenneth Ehlen (business valuation, husband)
Mitchell

Summary

Appellate court upholds dated valuation husband’s expert performed of veterinary hospital two years prior to trial, where it informed proposed sale of minority interest in business to willing buyer and asset was not volatile; there is no “artificial cut-o ...

See Also

Sparks v. Sparks

Appellate court upholds dated valuation husband’s expert performed of veterinary hospital two years prior to trial, where it informed proposed sale of minority interest in business to willing buyer and asset was not volatile; there is no “artificial cut-o ...