Valuation based on discretionary cash flow allows for separate distribution of business assets

Business Valuation UpdateVol. 9 No. 3
Legal and Court Case Update
March 2003
5932 Used Merchandise Stores
453310 Used Merchandise Stores
marital dissolution/divorce

Gaglio v. Molnar-Gaglio
2002 N.Y. App. Div. LEXIS 12686
December 26, 2002
State Court
New York
Supreme Court
Richard Stone, CPA (for wife); David Jaffee (for husband)


One of the primary issues in this marital dissolution was whether the trial court double-counted antiques inventory when it valued the antique business, Gaglio and Molnar, Inc. (G&M),and ordered the sale of certain inventory and division of the proceeds.

See Also

Gaglio v. Molnar-Gaglio

At issue is the valuation of husband's various business interest.