No finding of arm's-length transfer used for valuation requires reversal

Business Valuation Update BVLaw
Legal and Court Case Update
August 24, 2000

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7532 Top, Body, and Upholstery Repair Shops and Paint Shops
811121 Automotive Body, Paint, and Interior Repair and Maintenance
marital dissolution/divorce
fair value, going concern, marital dissolution
Barnes v. Sherman
758 A.2d 936, 2000 D.C. App. LEXIS 199
US
Federal Court
District of Columbia
Court of Appeals
Barnes made own valuation
Ruiz

Summary

Two issues were raised on appeal of this marital dissolution action: Whether the business Automotive and Related Industries, Inc. (AutoBody), was marital property, and Whether the trial ...

See Also

Barnes v. Sherman

Full Text of Court Cases
August 24, 2000

At issue is the valuation of the couple's auto body business.