Valuation of Family Business Survives Expert’s Deviation From Industry Standards

Business Valuation UpdateVol. 19 No. 5
Legal and Court Case Update
May 2013
7389 Business Services, NEC
561491 Repossession Services
marital dissolution/divorce
goodwill, expert testimony

Russell v. Russell
2013 Ark. App. LEXIS 151
February 27, 2013
US
State Court
Arkansas
Court of Appeals
Joe Webb (wife); David Potts (husband)
Brown

Summary

Court of Appeals rejects husband’s claim that trial court erred in valuing interest in family business based on wife’s expert’s computation, which deviated from industry standards and included discounts (DLOM, DLOC, personal goodwill) based on expert’s ag ...

See Also

Russell v. Russell

Court of Appeals rejects husband’s claim that trial court erred in valuing interest in family business based on wife’s expert’s computation, which deviated from industry standards and included discounts (DLOM, DLOC, personal goodwill) based on expert’s ag ...