Treatment of Shareholder Loans and Future Tax Consequences Considered

Business Valuation Update BVLaw
Legal and Court Case Update
April 15, 2005
marital dissolution/divorce

James M. Rosenberger v. Hollis Rosenberger
2005 Ohio 1790
US
State Court
Ohio
Court of Appeals
Jonathan A. Rich, Margaret E. Stanard
Loree Weiss Connors, CPA; Robert Greenwald
Nader

Summary

The Ohio Court of Appeals, 11th District, reversed the lower court’s distributive award because the trial court treated the shareholder loans as debts of the parties’ business, but did not correspondingly treat the loans as personal assets of parties.

See Also

James M. Rosenberger v. Hollis Rosenberger

The Ohio Court of Appeals, Eleventh District reversed the lower court’s distributive award because the trial court treated the shareholder loans as debts of the parties’ business, but did not correspondingly treat the loans as personal assets of parties.