Fair Value and Fair Market Value Identical in Florida Corporate Dissolution

Business Valuation UpdateVol. 10 No. 4
Legal and Court Case Update
April 2004

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5632 Women's Accessory and Specialty Stores
448190 Other Clothing Stores
judicial dissolution
arm's length, corporate dissolution
G & G Fashion Design, Inc. v. Garcia
2004 Fla. App. LEXIS 1349
February 11, 2004
US
State Court
Florida
Court of Appeals
Leslie Avenger (G&G Fashion) <br> Julia Rodriguez (for Garcia)
Wells

Summary

The issue in this corporate dissolution was the value of Enrique Garcia’s 50% interest in a closely held corporation, G&G Fashion Design Inc., which operated two clothing stores.

See Also

G & G Fashion Design, Inc. v. Garcia

Full Text of Court Cases
February 11, 2004

Trial court accepted value of a real arm's length offer as evidence for valuation, which held.