Valuation of Business Based on the Company’s Cash on Hand Is 'Ludicrous'

Business Valuation Update BVLaw
Legal and Court Case Update
July 10, 2000
marital dissolution/divorce

Robin Kapler v. George Kapler
2000 ME 131
US
State Court
Maine
Supreme Court
Rudman

Summary

The Maine Supreme Court affirmed the lower court's decision to value a real estate holding company at its net asset value. In doing so, it noted that the position that the husband's business should be valued by reference to cash-on-hand was ludicrous.

See Also

Robin Kapler v. George Kapler

The Maine Supreme Court affirmed the lower court's decision to value a real estate holding company at its net asset value. In doing so, it noted that the position that the husband's business should be valued by reference to cash-on-hand was ludicrous.