Valuation disregarding restrictive stock agreement upheld on appeal

Business Valuation UpdateVol. 9 No. 9
Legal and Court Case Update
September 2003
2431 Millwork
321911 Wood Window and Door Manufacturing
marital dissolution/divorce
marital dissolution, minority interest, shareholder agreement

Irby v. Irby
2003 Ark. App. LEXIS 403
May 14, 2003
State Court
Court of Appeals
Rachel Hildebrand, CPA/ABV, CVA (for wife); Arthur Hart, CPA (for husband); Bill Huffman, CPA (for husband)


A major issue in this marital dissolution was the valuation of husband’s 200 shares of stock in Pella Windows & Doors Inc.

See Also

Irby v. Irby

The major issue at the November 2000 trial was the valuation of husband's stock in Pella Windows & Doors Inc. and the effect of a restrictive stock agreement on the value.