Appreciation in Liquor Company’s Value Represents Marital Property, Appeals Court Finds
Appeals court upholds ruling that appreciation in value of husband’s interest in family liquor business is marital asset; trial court carefully analyzed husband’s role in company to find he “substantially contributed” to the increase and husband stipulated to wife’s substantial contribution.
Lucchesi v. Lucchesi
Appeals court upholds ruling that appreciation in value of husband’s interest in family liquor business is marital asset; trial court carefully analyzed husband’s role in company to find he “substantially contributed” to the increase and husband stipulated to wife’s substantial contribution.
Trial Court Can’t Just 'Split the Difference'
Appellate court reverses trial court’s valuation of the parties’ liquor business, finding that it apparently “split the difference” between the parties’ valuations without sufficient evidence in the record to support this median value.
Vanzant v. Vanzant
Appellate court reverses trial court’s valuation of the parties’ liquor business, finding that it apparently “split the difference” between the parties’ valuations without sufficient evidence in the record to support this median value.
A. Teixeira & Company, Inc. v. Antonio L. Teixeira, et al.
The Rhode Island Superior Court determined that the discounts for minority interest and lack of marketability should not be applied to the value of stock in a retail liquor store even though the minority shareholders brought the action for corporate disso ...
Fair Value Determined Without Minority Discount
The Rhode Island Superior Court determined that the discounts for minority interest and lack of marketability should not be applied to the value of stock in a retail liquor store even though the minority shareholders brought the action for corporate dissolution.
Paul and Susan Smith v. Ann Stephens
The Kansas Court of Appeals affirmed the lower court's decision denying the Smiths damages for Stephen's fraud in connection with a business sale. The court stated the proper measure of damages was the difference between the actual value of the business ...
Revaluation of Business Necessary to Establish Buyer’s Damages
The Kansas Court of Appeals affirmed the lower court's decision denying the Smiths damages for Stephen's fraud in connection with a business sale.