High Valuations Complicate Division of Sizable Marital Estate
Appeals court affirms trial court’s above fair market value determinations regarding husband’s interests in various family businesses and the resulting equalization judgment but rejects trial court’s means with which to enforce payment of judgment.
Crider v. Crider
Appeals court affirms trial court’s above fair market value determinations regarding husband’s interests in various family businesses and the resulting equalization judgment but rejects trial court’s means with which to enforce payment of judgment.
Damages for Excessive Officer Compensation Duplicative When Valuation Accounts for Both
Comprehensive valuation precludes damages award for excessive officer compensation and distributions.
Wells v. C.J. Mahan Construction Co., et al.
Comprehensive valuation precludes damages award for excessive officer compensation and distributions.
11th Circuit Disregards Changeable Buy-Sell Agreement, but Insurance Proceeds Used for Buyout Not Included in Value
As reported in the August 2004 issue of Business Valuation Update, the issue in this estate tax case was the value of George Blount’s (decedent’s) interest in a closely held company on the date of his death.
Estate of Blount v. Commissioner (II)
The issue in this estate tax case was the value of George Blount’s (decedent’s) interest in a closely held company on the date of his death.
Related Parties’ Buy-Sell Agreement Disregarded, but Life Insurance Proceeds Included in Value
The issue in this estate tax case was the value of decedent’s interest in a closely held company on the date of his death.
Estate of Blount v. Commissioner (I)
The issue in this estate tax case was the value of decedent’s interest in a closely held company on the date of his death.
Michael Lee Mills v. Pegey Mills
The Florida Court of Appeals, Third District reversed the lower court’s characterization of stock in a family company, which employed the husband, gifted to the husband as marital property. It noted that property received by one party during the marriage ...
Stock Acquired by Gift Is Nonmarital Property
The Florida Court of Appeals, 3rd District, reversed the lower court’s characterization of stock in a family company, which employed the husband, gifted to the husband as marital property.
Murphy v. MCC, Inc. (II)
Suit filed to interpret stock redemption agreement.
Murphy v. MCC, Inc. (II)
Suit filed to interpret stock redemption agreement.
Hintmann v. Weber (II)
At issue is the valuation of petitioner's ESOP-held shares.
Special Master Appointed to Resolve Calculations
This is a follow-up to the Chancery Court's opinion dated Feb. 17, 1998, on petitioners' Petition for Appraisal of ESOP-held shares.
Permafill Corporation v. Atiyeh
Plaintiff, Permafill Corp., filed suit against Joe Atiyeh, seeking a declaratory judgment recognizing Permafill as the true owner of 200 shares of the company's no par value stock.
Permafill v. Atiyeh
At issue is the value of the defendant's stock in the plaintiff corporation.
Estate of Lucile Marie McCormick v. CIR
The Tax Court valued interests in a real estate partnership. It accepted a valuation using the asset approach, plus various discounts. It rejected a discount for selling costs, and a discount for built-in capital gains taxes. It declined to aggregate the ...
Tax Court Reiterates Its Positions Regarding the Valuation of Real Estate Partnerships
The Tax Court valued interests in a real estate partnership.
Estate of McCormick v. Commissioner
One of the issues in this estate and gift tax case was the appropriate marketability discounts applicable to two partnership interests decedent owned on several different valuation dates (the dates of various gifts of the partnership interests).