Two New Lottery Cases: The Odds of Discounting From Annuity Tables Decrease
6th Circuit finds that government annuity tables do not accurately reflect fair market value of lottery payments and continues case for expert evidence.
Davis v. United States
Second Circuit finds that although IRC annuity tables do not account for lack of marketability of lottery payments, the discount is not so substantial as to warrant departure therefrom.
Negron v. United States (I)
Sixth Circuit finds that government annuity tables do not accurately reflect fair market value of lottery payments, and continues case for expert evidence.
Smith v. Sahagian
At issue is the valuation of husband's business, American Entertainment.
Consistent Treatment of Shareholder Loans Is Necessary
In this marital dissolution, the wife objected to the trial court's valuation of the husband's business. The Court of Appeals reversed because the corporation's balance sheet submitted into ...