Tennessee courts accept 'Delaware Rule' in valuing closely-held company stock

Business Valuation UpdateVol. 2 No. 10
Legal and Court Case Update
October 1996
2891 Adhesives and Sealants
325520 Adhesive Manufacturing
marital dissolution/divorce
investment value

Bartley v. Bartley
1996 Tenn. App. LEXIS 510
August 20, 1996
State Court
Court of Appeals
Mike Costello (for wife)


Parties disputed the valuation of husband's 22.5% interest in Diversified Polymer Corp. (DPI), a manufacturer of water-based adhesives and coatings.

See Also

Bartley v. Bartley

At issue is the the value of the parties' assets as of the date of divorce, including a 22.5% interest in Diversified Polymer Corporation, Southern Adhesives Co., and the value of the residence.