Impact of Economic Changes During Divorce Are Material

Business Valuation UpdateVol. 18 No. 8
Legal and Court Case Update
August 2012

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1542 General Contractors-Nonresidential Buildings, Other than Industrial Buildings and Warehouses
236220 Commercial and Institutional Building Construction
marital dissolution/divorce
economic damages & lost profits, active appreciation
Grow v. Grow
2012 Ohio App. LEXIS 1468
April 16, 2012
US
State Court
Ohio
Court of Appeals
Doug Michel (husband); Hochwalt (wife)
Hendrickson

Summary

When the original valuation date preceded the 2008-2009 economic crisis, trial court erred by failing to consider its impact on the value of the business prior to trial.

See Also

Grow v. Grow

Full Text of Court Cases
April 16, 2012

When the original valuation date preceded the 2008-2009 economic crisis, trial court erred by failing to consider its impact on the value of the business prior to trial.