High Valuations Complicate Division of Sizable Marital Estate

Business Valuation UpdateVol. 20 No. 10
Legal and Court Case Update
October 2014
1611 Highway and Street Construction, Except Elevated Highways
237310 Highway, Street, and Bridge Construction
marital dissolution/divorce
closely held corporation, discount for lack of marketability (DLOM), fair market value (FMV), limited liability company, equitable distribution, s corporation, balance sheet

Crider v. Crider
2014 Ind. App. LEXIS 416
August 26, 2014
US
State Court
Indiana
Court of Appeals
Thomas Sponsel, Brian Madden, Wayne Johnson (wife); Steven Riddle, Leo Lichtenberg (husband)
Barnes

Summary

Appeals court affirms trial court’s above fair market value determinations regarding husband’s interests in various family businesses and the resulting equalization judgment but rejects trial court’s means with which to enforce payment of judgment.

See Also

Crider v. Crider

Appeals court affirms trial court’s above fair market value determinations regarding husband’s interests in various family businesses and the resulting equalization judgment but rejects trial court’s means with which to enforce payment of judgment.