Value of Closely Held Business in Divorce Relies Solely on Buy-Sell

Business Valuation UpdateVol. 18 No. 3
Legal and Court Case Update
March 2012

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5713 Floor Covering Stores
442210 Floor Covering Stores
marital dissolution/divorce
buy-sell agreement, fair market value (FMV), valuation date
Wood v. Wood
2011 Mo. App. LEXIS 1589
November 29, 2011
US
State Court
Missouri
Court of Appeals
John Reed (husband); Ken Diel (wife)
Romines

Summary

Appellate court rejects calculation of value of closely held business under buy-sell agreement that did use proper valuation date or standard of value (FMV).

See Also

Wood v. Wood

Full Text of Court Cases
November 29, 2011

Appellate court rejects calculation of value of closely held business under buy-sell agreement that did use proper valuation date or standard of value (FMV).