Gibbons v. Gibbons
Podiatry practice properly valued by capitalizing future earnings and discounting for lack of marketability.
In Re Marriage of Davies
No discount for minority control where husband had minority interest, but had the ability to control operations. Also, no discount because value was determined by value of underlying assets.
Sommers v. Sommers
Valuing orthodontic practice “as is.” Liquidation value reversed because husband had no plans to liquidate his practice.
Bernier v. Bernier
Trial court erred in using C-Corp tax rates for an S-Corporation. Also, the trial court erred in using “key man” and marketability discounts where the businesses (supermarkets) were not going to be sold.
Wechsler v. Wechsler
Net asset method, rather than the historical method, was properly used to determine the effective tax rate to apply to the value of a holding company.
Drumheller v. Drumheller
Appellate court affirmed trial court’s valuation of printing company, including using actual rent paid rather than a rent negotiated at arm’s length.
Shuck v. Shuck
No discount for potential capital gains for business as there was no evidence of a sale in the near future.
In Re Marriage of Gay
Trial court properly distributed minority shares in business to each party where court found that valuation was too speculative.
In Re Cottrell
Valuation of dental practice based on capitalization of earnings is affirmed.
Starrett v. Starrett
Only value of drywalling business was the ability to generate an income for Husband to pay support.