Litman a New Landmark Among Cases Considering Restricted Stock Discounts

Business Valuation UpdateVol. 13 No. 11
Legal and Court Case Update
November 2007
4729 Arrangement of Passenger Transportation, NEC
561599 All Other Travel Arrangement and Reservation Services
estate and gift taxation

Litman v. United States
2007 U.S. Claims LEXIS 273
August 22, 2007
Federal Court
Federal
United States Court of Federal Claims
Cory A. Johnson, J. Graham Kenney, Jennifer S. Crone, John W. Porter, Kari M. Larson, Kim Marie K. Boylan, Richard T. Morrison, Stephanie Loomis-Price, Steven I. Fraham
Mark Mitchell (individual taxpayer); Dr. Mukesh Bajaj (stock issuer); Francis X. Burns (IRS)
Miller

Summary

Federal Court of Claims prefers option-pricing models to quantify marketability discounts for large block of restricted internet stock.

See Also

Litman v. United States

Federal Court of Claims prefers option-pricing models to quantify marketability discounts for large block of restricted Internet stock.