To discount or not to discount? Court rules no DLOM for 100% interest in dental practice

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Abstract: The application of valuation discounts can be a major source of contention in a legal action. This article summarizes a recent ruling by the Indiana Court of Appeals that upheld a lower court’s rejection of a discount for lack of marketability on a controlling interest in a divorce action. Conversely, a sidebar highlights a shareholder buyout case in which the Missouri Supreme Court allowed discounts for lack of marketability and control based on the unique facts of the case. Kakollu v. Vadlamudi, No. 21A-DC-96 (Ind. App. July 26, 2021). Robinson v. Langenbach, No. SC97940 (Mo. May 12, 2020).