DLOM of 25% Appropriate for Husband’s Home Heating Oil Business

Business Valuation Update BVLaw
Legal and Court Case Update
November 12, 1998
5074 Plumbing and Heating Equipment and Supplies (Hydronics)
424720 Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
marital dissolution/divorce

Kenneth O. Myers v. Nancy Myers
680 N.Y.S.2d 690 (A.D. 3 Dept. 1998)
State Court
New York
Supreme Court


In this marital property distribution action, both parties appealed the supreme court’s valuation of the family heating oil business, H & M Oil Co.

See Also

Kenneth O. Myers v. Nancy Myers

The New York Supreme Court, Appellate Division, Third Department affirmed in part and reversed in part the lower court's valuation of the parties' home heating oil business. It affirmed the lower court's selection of the valuation date as the date of com ...