Note Valued at Face Value of Principal When Neither Party Presents Present Value Evidence

Business Valuation Update BVLaw
Legal and Court Case Update
March 14, 2006

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marital dissolution/divorce
Ruby Morris Fowler v. Clyde M. Fowler
No. 1265-05-2 (VA App. 2006)
US
State Court
Virginia
Court of Appeals
Randy B. Rowlett, Robert L. Isaacs
Benton, Jr.

Summary

The Virginia Court of Appeals affirmed the valuation of a promissory note at the amount of principal remaining on the valuation date when neither party presented any evidence regarding the present value of the note.

See Also

Ruby Morris Fowler v. Clyde M. Fowler

Full Text of Court Cases
March 14, 2006

The Virginia Court of Appeals affirmed the valuation of a promissory note at the amount of principal remaining on the valuation date when neither party presented any evidence regarding the present value of the note.