Patel v. Patel
The appellate court finds that, performing the requisite intrinsic value review, the circuit court properly declined to include in its analysis any discounts the husband’s expert proposed to account for his fractional interest in companies owning hotels ...
25-Year Battle Over Hard Rock Turns on Value of IP Assets
Court affirms value of Hard Rock Cafe IP assets based on testimony by the brand’s owner/entrepreneur rather than his two IP experts.
Okun v. Morton
Court affirms value of Hard Rock Cafe IP assets based on testimony by the brand’s owner/entrepreneur rather than his two IP experts.
‘Splitting the Difference’ Is Not an Acceptable Valuation Method in Divorce
“Splitting the difference” between two disparate appraisals is not an acceptable valuation method in divorce.
Augoshe v. Lehman
"Splitting the difference" between two disparate appraisals is not an acceptable valuation method in divorce.
Bullet Land, Inc. v. Thal
Buy-sell agreement is not an enforceable arbitration clause, unless the agreement is specific on this point.
Contested Valuation of One Asset Is Moot Where All Transferred Assets Provide Reasonably Equivalent Value
One of the issues in this Chapter 11 bankruptcy case was whether James Jumer, as principal stockholder of the debtor corporation, Jumer’s Castle Lodge (JCL), had caused JCL to fraudulently transfer assets.
In re Jumer's Castle Lodge, Inc.
One of the issues in this Chapter 11 bankruptcy case was whether James Jumer, as principal stockholder of the debtor corporation, Jumer's Castle Lodge (JCL), had caused JCL to fraudulently transfer assets.
Maingate Hotel Company, Inc. v. Zaby's LP
The California Court of Appeals, 4th District, upheld a jury’s award of lost profits to Maingate after Zaby’s breached the property lease intended for hotel development.
Gow v. Commissioner (II)
At issue is whether that the Tax Court improperly val-ued the plaintiff's shares of stock in Williamsburg Vacations, Inc. ("WVI") for tax purposes.
4th Circuit Affirms Gow v. Commissioner
This income tax case was appealed from the U.S. Tax Court. (The lower court case was abstracted in the May 2000 issues of both BVU and J&L ...
Elizabeth Anne Burnham-Steptoe v. Geoffrey Johnathan Steptoe
The Mississippi Court of Appeals affirmed the lower court's decision to deduct an amount for the business owner-spouse's compensation when valuing the business for equitable distribution purposes. It rejected the wife's argument that the owner's compensa ...
Salary Should Be Considered When Valuing a Key Employee Business
The Mississippi Court of Appeals affirmed the lower court's decision to deduct an amount for the business owner-spouse's compensation when valuing the business for equitable distribution purposes.
Camino, Inc. v. Wilda Wilson
At issue is the meaning of "fair value" and the determination of the fair value of Wilson family's stock in Camino.
In re Resorts International
At issue are the appraisal rights of the shareholder after a merger.
In re Resorts International
The District Court reversed a Bankruptcy Court order that awarded Resorts International full restitution for a loss resulting from a stock transaction.
Hawaii Prince Hotel Waikkiki Corporation v. City and County of Honolulu
The Hawaii Supreme Court reversed the real property valuation of a hotel's golf course. The court noted that golf courses are valued at their actual use. It agreed with the city's assessment using the cost approach. It rejected the valuation of the taxpa ...
Golf Course Valued Using the Cost Approach
The Hawaii Supreme Court reversed the real property valuation of a hotel's golf course.
Court Interprets Limited Partners' Rights to Be Very Restricted
In 1988, Host Marriott arranged to form a limited partnership to own three hotels and a 50% interest in a fourth.
Two Valuation Approaches Found Reasonable for Valuing Individual Billboards
The Wisconsin Court of Appeals affirmed the lower court's valuation of two billboards using an income approach in this inverse condemnation case.
In re Marriott Hotel Properties II
At issue is plaintiff's contention that the purchase price for any and all of the outstanding limited partnership units should have included a control premium and the defendants had a fiduciary duty.
Estate of Frank v. Commissioner
Issues are whether 91 shares of common stock are includable in decedent's gross estate pursuant to sections 2038(a)(1) and 2035(d)(2), and valuation of the stock.
Estate of Keitel v. Commissioner
At issue is the fair market value of decendent's motel complex and the valuation of the motel stock.