Divorce Court Discredits Uncertified Appraisal for Small Trucking Business

Business Valuation UpdateVol. 17 No. 5
Legal and Court Case Update
May 2011

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4213 Trucking, Except Local
484121 General Freight Trucking, Long-Distance, Truckload
marital dissolution/divorce
In re Marriage of Meek-Duncomb
2011 WL 768831 (Iowa. App.) (unpublished)
March 7, 2011
US
State Court
Iowa
Court of Appeals
Larry Pump
Tabor

Summary

Divorce court declines to credit “uncertified” business appraisal by CPA who reviewed only tax returns and Excel spreadsheets, without considering business’s assets and debts, sources of revenues and customer relationships.

See Also

In re Marriage of Meek-Duncomb

Full Text of Court Cases
March 7, 2011

Divorce court declines to credit “uncertified” business appraisal by CPA who reviewed only tax returns and Excel spreadsheets, without considering business’s assets and debts, sources of revenues and customer relationships.