Market Comparables Prove More Persuasive Than Income Approach for Electric Company

Business Valuation UpdateVol. 13 No. 2
Legal and Court Case Update
February 2007

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1731 Electrical Work
238210 Electrical Contractors and Other Wiring Installation Contractors
marital dissolution/divorce
Hester v. Hester
2006 Tenn. App. LEXIS 807
December 19, 2006
US
State Court
Tennessee
Court of Appeals
John R. Phillips Jr., L. Anthony Deas, Vicky V. Klein
David Mensel (wife); James Trumble (husband)
Kirby

Summary

Divorce court prefers market approach to income approach for valuation of electrical company, finding market data supplied sufficient comparables.

See Also

Hester v. Hester

Full Text of Court Cases
December 19, 2006

Divorce court prefers market approach to income approach for valuation of electrical company, finding market data supplied sufficient comparables.