Divorce Court Rejects ‘Calculation Value’ Offered by CPA Expert

Business Valuation UpdateVol. 17 No. 2
Legal and Court Case Update
February 2011

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7216 Drycleaning Plants, Except Rug Cleaning
812320 Drycleaning and Laundry Services (except Coin-Operated)
marital dissolution/divorce
calculation of value
In re Marriage of Hagar
2010 WL 4807559 (Iowa App.)
November 24, 2010
US
State Court
Iowa
Court of Appeals
Ron Helle (husband)
Eisenhauer

Summary

Court declines to accept “calculation of value” by CPA expert in divorce, because it relied on industry rules of thumb and lacked required level of judgment compared to complete valuation.

See Also

In re Marriage of Hagar

Full Text of Court Cases
November 24, 2010

Court declines to accept “calculation of value” by CPA expert in divorce, because it relied on industry rules of thumb and lacked required level of judgment compared to complete valuation.