Many Factors Affect Value of Unsecured Note Receivable

Business Valuation UpdateVol. 2 No. 3
Legal and Court Case Update
March 1996
estate and gift taxation
discounted cash flow (DCF), marketability

Crosby v. Commissioner
923 F. Supp. 896
February 14, 1996
Federal Court
United States District Court
Scott Hakala (for defendant) Christopher Mercer (for plaintiff)


The issue was the value of a note in the estate as of April 28, 1988.

See Also

Crosby v. Commissioner

At issue is the value of a promissory note owned by the decedent on the date of her death.