Fair Market Value Upheld as the Appropriate Standard of Value

Business Valuation Update BVLaw
Legal and Court Case Update
December 13, 2000
5411 Grocery Stores
445120 Convenience Stores
marital dissolution/divorce
fair value, fair market value (FMV), marital dissolution

Crismon v. Crismon
72 Ark. App. 116, 34 S.W.3d 763, 2000 Ark. App. LEXIS 795
State Court
Court of Appeals
Cheryl Shuffield (for wife); Bruce Engstrum (for husband)


The Arkansas Court of Appeals affirmed the lower court’s use of fair market value as the standard of value in this case.

See Also

Crismon v. Crismon

At issue is the valuation of husband's interest in two convenience stores and certain commercial property.