‘Dueling Over Discounts’ in Divorce of Minority Shareholder
Court considers the applicability of discounts to a minority shareholder’s interest in an S Corp, and whether the company’s retained earnings may be properly attributable to a minority owner for child support determinations.
Wright v. Wright
Court considers the applicability of discounts to a minority shareholder’s interest in an S corp, and whether the company’s retained earnings may be properly attributable to a minority owner for child support determinations.
Business Machines Sales and Service, Inc. v. Robert E. Murphy
The Minnesota Court of Appeals reversed a lost profits award in this breach of a consulting agreement matter because the expert used the national average annual real wage growth for the United States business sector as a proxy for growth in sales of a particular region or industry.
National Average Wage Growth Statistic Inappropriate Proxy for Growth in Net Gross Profits in Particular Industry in Particular Region
The Minnesota Court of Appeals reversed a lost profits award in this breach of a consulting agreement matter because the expert used the national average annual real wage growth for the United States business sector as a proxy for growth in sales of a particular region or industry.
Appellate court affirms valuation that excluded potential income tax consequences
This appeal of the Guill marital dissolution concerned the husband's interest in TMS Design Services Inc. (TMS) and Diversified Leasing Inc. (Diversified).
Guill v. Guill
At issue is the valuation of husband's business interests and the admittance of expert testimony.