No Adjustment for Initial Liability Understatement

Business Valuation UpdateVol. 3 No. 5
Legal and Court Case Update
May 1997

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1752 Floor Laying and Other Floor Work, NEC
238330 Flooring Contractors
marital dissolution/divorce
marital dissolution
Street v. Street
1997 Va. App. LEXIS 25
January 21, 1997
US
State Court
Virginia
Court of Appeals
Elder

Summary

The valuation issue in this case is the value to be placed on husband's carpet installation business, a sole proprietorship. Husband appealed the trial court's $160,000 valuation of his carp ...

See Also

Street v. Street

Full Text of Court Cases
January 21, 1997

At issue is the valuation of husband's carpet business and the couple's marital home.