Kimbell v. United States
The U.S. District Court for the Northern District of Texas determined that a transfer of assets from a trust controlled by the decedent in exchange for a 99% limited partnership interest and a 50% interest in the corporate general partner was not a bona f ...
Value of Assets Transferred to Limited Partnership Must Be Included in the Gross Estate
the U.S. District Court for the Northern District of Texas considered a motion for partial summary judgment regarding a refund of estate tax.
Triperinas v. Triperinas
At issue is the valuation of the marital property, including wife's interest in a family owned car dealership.
Court Errs by Not Properly Valuing Spouse’s Automobile Dealership
The issue in this case was whether the chancellor properly valued and divided the marital property, including husband's business Ward's Automobile, Inc. The chancellor valued the business ...
Ward v. Ward
Issue was valuation of husband's automobile business.
In re the Marriage of McCarthy
At issue is the valuation of an officer loan account of respondents business.
Court accepts premarital agreement valuation by neutral appraisers
This appeal concerns the McCarthys' marital property distribution.
William D. Gardner, Jr. et al. v. Travis L. Little et al.
The Mississippi Court of Appeals concluded that the purchasers of an automobile dealership who failed to perform any financial due diligence prior to signing the stock purchase agreement, which contained a disclaimer stating that the purchasers are not re ...
Business Buyer Failed to Perform Due Diligence
The Mississippi Court of Appeals concluded that the purchasers of an automobile dealership failed to perform any financial due diligence prior to signing the stock purchase agreement.
Mayhew v. Mayhew
At issue is the appreciation value of husband's stock as marital property.
Compensation, Dividends, and Extraordinary Work Efforts Considered in Determining the Amount of Active Appreciation
The appellant in this case seeks reversal of the circuit court's apportionment and valuation regarding the active and passive appreciation of stock in a car dealership.
Trapp v. Hancuh
At issue is the calculation of prejudgment interest on a loan transaction.
Prejudgment interest calculated from commencement of action
The issue on this appeal is the proper date to commence calculation of prejudgment interest on a claim. The claim arose when Hancuh seized the partnership interest of Trapp, which was securi ...
Alexandria M. Medlin v. CIR
The Tax Court concluded that a former spouse's automotive and healthcare expenses, which were paid by the former husband's automobile dealership, were taxable alimony under IRC sec. 71 since they were paid pursuant to a divorce instrument and made on beha ...
Automobile Payments Are Taxable Alimony
The Tax Court concluded that a former spouse's automotive and healthcare expenses, which the former husband's automobile dealership paid, were taxable alimony under IRC sec. 71 since they were paid pursuant to a divorce instrument.
Tax Court Denies Amortization of Lion's Share of Employment Agreement and Noncompete Payments
The Totem Lake dealerships of Kirkland, Wash., while under the ownership of Mr. Wright, experienced a great deal of negative publicity which resulted in sustained financial losses for 1986 and 1987.
Heritage Auto Center v. Commissioner
At issue is whether petitioner is entitled to deductions for amortization of amounts paid to William Wright for a noncompetition and consulting agreement.
Davis v. Davis
The issue in this case was the affirmation of the trial courts approval of the adjusted book value method of valuation.
MacDonald v. MacDonald
The sole issue in this case was the extent to which the increase in value of the non-marital car dealership was attributable to marital effort.
Ullom v. Ullom
Issue is whether goodwill, found by the court to be an asset of a closely held corporation, can be excluded from marital property in equitably distributing shares of stock.
In re the Marriage of Olinger
Issues were the characterization of husband's stock in the three dealerships as marital or separate, and valuation of the one dealership the trial court found to be marital.
Las Vegas Dodge v. United States
Issue was the value of stock contributed to a trust taken as income tax deductions.
Gilmore v. Gilmore
At issue was the valuation of husband's corporation.