Loan Made to LLC Is Properly Considered in the Valuation of the LLC

Business Valuation Update BVLaw
Legal and Court Case Update
December 27, 2002
marital dissolution/divorce

Christopher R. McCleary v. Mari Kathleen McCleary
No. 2614 (Md. Ct. Spec. App. 2002)
US
State Court
Maryland
Court of Special Appeals
Davis

Summary

The Maryland Court of Special Appeals reversed the lower court’s valuation of a closely held charter helicopter service company.

See Also

Christopher R. McCleary v. Mari Kathleen McCleary

The Maryland Court of Special Appeals reversed the lower court’s valuation of a closely held charter helicopter service company. The business was valued based on the value of its assets (a helicopter and cash), but failed to account for the business’s deb ...