Hugh v. Hugh – Determining value in marital dissolution cases
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Description
Abstract: What type or quantity of evidence is needed to establish the value of a business for marital dissolution purposes? This was one of the key issues in a recent case, Hugh v. Hugh, and this article looks at the details of the case as well as the pertinent court decisions. The article notes that, when financial information isn’t available in divorce cases, an experienced and well-qualified appraiser can extract the necessary information to arrive at a value for equitable distribution purposes. Hugh v. Hugh, Nos. 1417-13-4, 1438-13-4 (Va. Ct. App. 6/3/14)
Additional information
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Newsletter | Valuation & Litigation Briefing / Litigation & Valuation Report |
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