Failure to value business abuse of discretion

Business Valuation UpdateVol. 10 No. 1
Legal and Court Case Update
January 2004
6411 Insurance Agents, Brokers, and Service
524210 Insurance Agencies and Brokerages
marital dissolution/divorce
marital dissolution

Guthmiller v. Guthmiller
2003 SD 120, 2003 S.D. LEXIS 149
October 1, 2003
State Court
South Dakota
Supreme Court


The sole issue on appeal was whether the trial court erred in failing to value husband’s insurance agency.

See Also

Guthmiller v. Guthmiller

Issue is the failure of the trial court to determine a value of the husband's insurance business where neither party presented expert testimony of the value of the business.