Stock redemption price is reliable evidence of value; expert testimony excluded because of failure to comply with discovery rules

Business Valuation UpdateVol. 9 No. 3
Legal and Court Case Update
March 2003

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2522 Office Furniture, Except Wood
marital dissolution/divorce
In the Matter of Peter Letendre v. Linda Letendre
149 N.H. 31, 815 A.2d 938, 2002 N.H. LEXIS 209
December 31, 2002
US
State Court
New Hampshire
Supreme Court
Broderick

Summary

The issues in this marital dissolution were the valuation of the husband's one-third business interest and the exclusion of his expert's testimony.

See Also

In the Matter of Peter Letendre v. Linda Letendre

Full Text of Court Cases
December 31, 2002

The New Hampshire Supreme Court affirmed the exclusion the husband’s expert witness because the expert and his report were not disclosed during the discovery period. The Supreme Court additionally affirmed the valuation of the business interest based on t ...