Statutory Appraisals: Louisiana Supreme Court Says Use Discounts ‘Sparingly’

Business Valuation UpdateVol. 15 No. 4
Legal and Court Case Update
April 2009

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6552 Land Subdividers and Developers, Except Cemeteries
237210 Land Subdivision
judicial dissolution
Cannon v. Bertrand (II)
2009 WL 130341 (La.)
January 21, 2009
US
State Court
Louisiana
Supreme Court
Traylor

Summary

Louisiana Supreme Court preserves the fair market value standard in statutory appraisal cases but finds that marketability and other discounts should be used “sparingly.”

See Also

Cannon v. Bertrand (II)

Full Text of Court Cases
January 21, 2009

Louisiana Supreme Court preserves the fair market value standard in statutory appraisal cases but finds that marketability and other discounts should be used “sparingly.”