Investment Value Upheld Where Stipulation Did Not Require a Specific Standard of Value

Business Valuation UpdateVol. 10 No. 6
Legal and Court Case Update
June 2004
6211 Security Brokers, Dealers, and Flotation Companies
523120 Securities Brokerage
marital dissolution/divorce
marital dissolution

Sutherland v. Sutherland
2004 Mich. App. LEXIS 174
January 20, 2004
US
State Court
Michigan
Court of Appeals
Joseph Cunningham, CPA (stipulated by parties)
Per Curiam

Summary

The issue in this marital dissolution was the value of husband’s two businesses, Financial & Investment Management Group, Ltd. and Pension Service Design, Inc., which the parties agreed to submit to binding arbitration.

See Also

Sutherland v. Sutherland

Valuation used investment value methodology, and when challenged by wife as having given "unconscionable advantage" to husband, was upheld on appeal as "reasonable".