Recent arm's-length transaction not useful

Business Valuation UpdateVol. 6 No. 11
Legal and Court Case Update
November 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
August 24, 2000
US
Federal Court
District of Columbia
Court of Appeals
Barnes made own valuation
Ruiz

Summary

Husband (Sherman) started Automotive and Related Industries, Inc. (AutoBody) shortly after he and Wife (Barnes) separated.  The business was very similar to another business (FuelLine ...

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.