Marital Court Denies Discounts Based on Shareholder Fair Value Standard

Business Valuation UpdateVol. 8 No. 5
Legal and Court Case Update
May 2002
5193 Flowers, Nursery Stock, and Florists' Supplies
424930 Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers
marital dissolution/divorce
fair value, income approach, capitalization rate, discount for lack of marketability (DLOM), marital dissolution, market approach, discount for lack of control (DLOC)

Brown v. Brown
348 N.J. Super. 466, 792 A.2d 463, 2002 N.J. Super. LEXIS 105
February 28, 2002
State Court
New Jersey
Court of Appeals
Stephan C. Chait, CPA/ABV, DABFA (for wife); Kalman A. Barson, CPA/ABV, CVA (for husband)


The issues raised in this marital dissolution case were (1) whether the trial court erred in valuing husband's interest in Union County Florist Supplies, Inc . (Florist), the family florist ...

See Also

Brown v. Brown

Issues were value husband's interest in the family florist business, whether stock should be discounted for minority interest or marketability, and whether stock was a gift.