Ruling on Discounts in Divorce Leaves Case Ripe for Appeal

Business Valuation UpdateVol. 16 No. 4
Legal and Court Case Update
April 2010
1311 Crude Petroleum and Natural Gas
211120 Crude Petroleum Extraction 
marital dissolution/divorce
discount for lack of marketability (DLOM), minority interest, build-up method

Lemmen v. Lemmen
2010 WL 454959 (Mich. App.)
February 9, 2010
US
State Court
Michigan
Court of Appeals
Eric Adamy (wife), Neil DeBoer (husband), and Gary Trugman (wife’s rebuttal)
Meter, Servitto, Wilder

Summary

Court of Appeals affirms minority and marketability discounts for cash-rich, closely held business in divorce; dissent urges statutory fair value standard.

See Also

Lemmen v. Lemmen

Court of Appeals affirms minority and marketability discounts for cash-rich, closely held business in divorce; dissent urges statutory fair value standard.