No Earlier Valuation Date Where No Evidence of Extraordinary Effort; Capitalization of Historical Earnings OK for Business Operating One Year

Business Valuation UpdateVol. 11 No. 9
Legal and Court Case Update
September 2005
8361 Residential Care
623990 Other Residential Care Facilities
marital dissolution/divorce
income approach, capitalization of earnings, marital dissolution, alternate valuation date, retained earnings

Washington v. Washington
2005 Va. App. LEXIS 177
May 3, 2005
US
State Court
Virginia
Court of Appeals
Christopher F. Cowan, E. Ryan Meyer, Samuel J. Kaufman, Susanne L. Shilling, W. Joseph Owen III
William Dacey (for wife); Robert Raymond (for husband)
Elder

Summary

In this marital dissolution, there were two main issues: the correct valuation date of husband’s interest in Washford Enterprises, a group home, and whether wife’s expert, William Dacey, correctly applied the income approach.

See Also

Washington v. Washington

In this marital dissolution, there were two main issues: the correct valuation date of husband's interest in Washford Enterprises, a group home, and whether wife's expert, William Dacey, correctly applied the income approach.