Remaining Balance on Contract for Sale Should Be Discounted to Present Value

Business Valuation Update BVLaw
Legal and Court Case Update
June 4, 1996
marital dissolution/divorce

Debra S. O'Neil v. Thomas E. O'Neil
917 P.2d 916 (Mont. 1996)
US
State Court
Montana
Supreme Court
Turnage

Summary

The Montana Supreme Court revered and remanded the lower court's valuation of the amount remaining on the parties' land contract sale of their saloon.

See Also

Debra S. O'Neil v. Thomas E. O'Neil

The Montana Supreme Court revered and remanded the lower court's valuation of the amount remaining on the parties' land contract sale of their saloon. The lower court simply multiplied the number of remaining payments by the monthly payment amount. The c ...