Fair Market Value Upheld as the Appropriate Standard of Value

Business Valuation Update BVLaw
Legal and Court Case Update
December 13, 2000

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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
US
State Court
Arkansas
Court of Appeals
Cheryl Shuffield (for wife); Bruce Engstrum (for husband)
Koonce

Summary

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

Full Text of Court Cases
December 13, 2000

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