Delaware block method not appropriate for marital dissolution; valuation that considers multiple factors prevails

Business Valuation UpdateVol. 9 No. 12
Legal and Court Case Update
December 2003
5961 Catalog and Mail-Order Houses
454110 Electronic Shopping and Mail-Order Houses
marital dissolution/divorce
income approach, asset approach, marital dissolution

Kerce v. Kerce
2003 Tenn. App. LEXIS 608
August 29, 2003
State Court
Court of Appeals
Don Carpenter, CPA (for wife); Gregory Luna, CPA (for husband)


The primary issues in this marital dissolution were whether the trial court used a proper methodology in valuing the parties’ business, International Book Import Service Inc.

See Also

Kerce v. Kerce

Issue was the valuation of the parties' book import business, and the proper methodology for determining value.