Court values business counting only physical assets and cash
One issue in this marital dissolution case was the value of wife’s social security representation business.
Grace v. Grace
At issue is the valuation and inclusion of husband's ranch stock in the marital estate.
Court adopts valuation of more experienced appraiser
One issue in this marital dissolution case was the value of wife’s title insurance company.
Overhead not to be deducted in determining value of receivables
The valuation issue in this case was the value of the husband’s shares in a yet to be developed specialty hospital and interest in husband’s receivables from his medical practice.
Marketability discount not appropriate where comparables were also closely held companies
One issue in this marital dissolution was the fair market value of Northwest Stamping, Inc. (NSI), a closely-held S corporation.
Concession of value constitutes substantial evidence
One issue in this marital dissolution was the value of stock for a closely held company, Bartsch Farms Inc.
Valuation based on expert testimony rather than purchase price and loan application values upheld
One issue in this marital dissolution was the valuation of stock in two closely held companies.
Investment Value Upheld Where Stipulation Did Not Require a Specific Standard of Value
The issue in this marital dissolution was the value of husband’s two businesses, Financial & Investment Management Group, Ltd. and Pension Service Design, Inc., which the parties agreed to submit to binding arbitration.
Decrease in value speculative where no evidence of value presented
The issue in this marital dissolution was whether the trial judge should have taken in to account the 30% decrease in value of husband’s assets between the date of the divorce and the date of the property division order.
Accounts receivable and work-in-progress included in law firm valuation
The issue in this case was whether the trial court correctly rejected the court appointed expert’s valuation of husband’s partnership interest in his law firm.
Lack of Understanding of Excess Earnings Method Leads to Marital Award Reflecting Double Dipping
The issue in this marital dissolution was the perceived “double counting” of the husband’s excess earnings from his closely held corporation, Esco.
Hiatt v. Tremper-Hiatt
Use of lower multiplier in valuing defendant's title insurance company upheld (business largely dependent on professional rapport with clients (intangible asset ...
Valuation based on financial statements upheld
One issue in this marital dissolution was whether the trial court abused its discretion in its valuation of husband’s one-third partnership interest in the marketing firm, Results Unlimited.
Excess earnings method preferred for medical practice valuation
One issue in this marital dissolution was the value of husband’s medical practice, Blue Ridge Pain Management and Palliative Care P.A.
Lack of appraisal evidence results in ballpark valuation by court
One issue in this marital dissolution was the value of husband’s gun business, the Cop Shop.
Failure to consider shareholder loan has no impact on property division
Issues in this marital dissolution were the value of husband’s electrical contracting business, Romey Electric, and the proper treatment of a shareholder loan husband made to the wholly owned S corporation.
Capitalized cash flow value accepted over speculative 'adjusted' value
Husband opened a wholesale jewelry business during the marriage.
Personal Goodwill Not Included in Marital Value of Commercial Plumbing Business
In this marital dissolution, one issue was the value of husband’s commercial plumbing business, T.J. Mechanical, Inc.
In re the Marriage of Bartsch
Fair market asset value upheld as appropriate valuation technique for a farming corporation.
Minnesota law dictates eight factors to consider in determining value
Husband challenged the trial court’s valuation of his business, attacking the wife’s expert’s methodology.
Tennessee follows mainstream: no foreseeable sale, no tax consequences
The couple was married in 1976, and wife filed for divorce in 2001. Husband and wife were both pharmacists, although wife had not worked for many years. Husband owned a pharmacy called Village Drugs.
Court rejects discounts for lack of supporting evidence
One of the issues in this marital dissolution was the value of the parties’ interests in a real estate development partnership and S corporation.
Trial court’s failure to make specific findings of fact results in reversal
One of the issues in this marital dissolution was the value of husband’s 50% interest in his surgical practice, Catawba Surgical Associates PA.
Goodwill valuation based on case law factors and methods upheld
One of the issues in this case was the value of the goodwill of WPC.
Intrinsic Value Appropriate in Marital Dissolution so No Discounts Applied
The issues in this case were whether, in valuing husband’s business interest, the trial court abused its discretion by failing to apply (1) a discount for lack of control (2) a discount for capital gains tax consequences (3) salary adjustments.