Prior purchase of 50% of stock sets floor for valuation

Business Valuation UpdateVol. 5 No. 5
Legal and Court Case Update
May 1999
8742 Management Consulting Services
541611 Administrative Management and General Management Consulting Services
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
State Court
Court of Appeals
Zwick, Buckley, Quinn


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

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