Valuation of Business Must Be Supported by Expert Testimony

Business Valuation Update BVLaw
Legal and Court Case Update
February 7, 2003
7221 Photographic Studios, Portrait
541921 Photography Studios, Portrait
marital dissolution/divorce

Tracy Kelly v. Kimberly Kelly
2003 Ohio 612
US
State Court
Ohio
Court of Appeals
Grady

Summary

The Ohio Court of Appeals reversed the valuation of a photography business. Neither party presented expert valuation testimony. Moreover, both parties’ opinion testimony was determined to be insufficient to support the lower court’s valuation. Thus, the a ...

See Also

Tracy Kelly v. Kimberly Kelly

The Ohio Court of Appeals reversed the valuation of a photography business. Neither party presented expert valuation testimony. Moreover, both parties’ opinion testimony was determined to be insufficient to support the lower court’s valuation. Thus, the a ...