Valuation Expert’s Opinion of Value Accepted Over Owner’s Opinion

Business Valuation Update BVLaw
Legal and Court Case Update
November 5, 2002
marital dissolution/divorce

Dixie Lee Franks v. Billy Eugene Franks
No. COA01-1601 (N.C. App. 2002)
US
State Court
North Carolina
Court of Appeals
Wynn, Jr.

Summary

The North Carolina Court of Appeals affirmed the trial court’s acceptance of the wife’s expert’s valuation of the husband’s painting business. The expert valued the business using the asset, income and market approaches.

See Also

Dixie Lee Franks v. Billy Eugene Franks

The North Carolina Court of Appeals affirmed the trial court’s acceptance of the wife’s expert’s valuation of the husband’s painting business. The expert valued the business using the asset, income and market approaches. The appellate court found that the ...