Valuation Based on Uninvolved Spouse’s Testimony Reversed

Business Valuation Update BVLaw
Legal and Court Case Update
January 16, 2001
0279 Animal Specialities, NEC
112910 Apiculture
marital dissolution/divorce

Snider v. Snider
2002 Va. App. LEXIS 19
US
State Court
Virginia
Court of Appeals
Edward Strange
Fitzpatrick, Frank, Coleman

Summary

The Virginia Court of Appeals reversed the lower court’s valuation of the parties’ honey business. The valuation was based on testimony from the wife, who also testified that she had no knowledge of the business’ finances or involvement with the business ...

See Also

Snider v. Snider

At issue is the admittance of expert testimony and the valuation of the marital home.