Experts Propose Equally Sound, but Diverging, Valuations

Business Valuation UpdateVol. 20 No. 2
Legal and Court Case Update
February 2014
4813 Telephone Communications, Except Radiotelephone
517911 Telecommunications Resellers
marital dissolution/divorce
expert testimony, capitalization of income approach, capitalization rate

Myhre v. Myhre
2013 Minn. App. Unpub. LEXIS 998
November 12, 2013
US
State Court
Minnesota
Court of Appeals
Patrick Schmidt (husband & wife jointly); Richard Berning (husband)
Bjorkman

Summary

Appellate court upholds valuation of husband’s business where trial court faced two equally plausible values from experienced appraisers who gave “reasoned explanations” for their differing choices as to the treatment of a year with unusually high income ...

See Also

Myhre v. Myhre

Appellate court upholds valuation of husband’s business where trial court faced two equally plausible values from experienced appraisers who gave “reasoned explanations” for their differing choices as to the treatment of a year with unusually high income ...