Missing an Expert: A Divorce Court Ignores Income From Restaurant Business

Business Valuation UpdateVol. 15 No. 7
Legal and Court Case Update
July 2009

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5812 Eating and Drinking Places
722511 Full-Service Restaurants
marital dissolution/divorce
fair value
Shewbart v. Shewbart (I)
2009 WL 793125(Ala. Civ. App.)
March 27, 2009
US
State Court
Alabama
Court of Appeals
Moore

Summary

Trial court (divorce) commits reversible error by valuing only the hard assets of a restaurant and ignoring evidence of its substantial annual income and consistent profits.

See Also

Shewbart v. Shewbart (I)

Full Text of Court Cases
March 27, 2009

Trial court (divorce) commits reversible error by valuing only the hard assets of a restaurant and ignoring evidence of its substantial annual income and consistent profits.