Prior purchase of 50% of stock sets floor for valuation

Business Valuation UpdateVol. 5 No. 5
Legal and Court Case Update
May 1999

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marital dissolution/divorce
fair market value (FMV)
In re the Marriage of Grunsten
304 Ill. App. 3d 12, 709 N.E.2d 597, 1999 Ill. App. LEXIS 74
February 11, 1999
US
State Court
Illinois
Court of Appeals
Zwick, Buckley, Quinn

Summary

One of the primary issues in this marital dissolution was the valuation of GSP Marketing Services, Inc., of which husband was the sole shareholder.

See Also

In re the Marriage of Grunsten

Full Text of Court Cases
February 11, 1999

At issue is the valuation of husband's marketing business.