Intrinsic Value Appropriate in Marital Dissolution so No Discounts Applied

Business Valuation UpdateVol. 10 No. 3
Legal and Court Case Update
March 2004
5999 Miscellaneous Retail Stores, NEC
453998 All Other Miscellaneous Store Retailers (except Tobacco Stores)
marital dissolution/divorce
marital dissolution

Owens v. Owens
2003 Va. App. LEXIS 639
December 16, 2003
State Court
Court of Appeals
Raymond Froy (for wife); Steve Wood (for husband)


The issues in this case were whether, in valuing husband’s business interest, the trial court abused its discretion by failing to apply (1) a discount for lack of control (2) a discount for capital gains tax consequences (3) salary adjustments.

See Also

Owens v. Owens

Seeing that a sale of husband's interest in his corporation was not probable, the judge did not allow a minority interest to be applied.