‘Fundamental Accuracy’ of Report Fails to Overcome Arbitrary Minority Discount

Business Valuation UpdateVol. 12 No. 10
Legal and Court Case Update
October 2006

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6513 Operators of Apartment Buildings
531110 Lessors of Residential Buildings and Dwellings
marital dissolution/divorce
Pickard v. Pickard
2006 N.Y. App. Div. LEXIS 9961
August 10, 2006
US
State Court
New York
Supreme Court
Igor Krol, Leonard G. Florescue, Rachel Wilgoren
unnamed
Saxe

Summary

Minor errors in appraiser’s testimony weren’t fatal—but application of an “arbitrary” minority discount to real estate holding company was.

See Also

Pickard v. Pickard

Full Text of Court Cases
August 10, 2006

Minor errors in appraiser’s testimony weren’t fatal—but application of an “arbitrary” minority discount to real estate holding company was.