New York Appellate Court Affirms Award of 20% of Appreciation of Business During Marriage to Wife and Awards Maintenance to Wife

by adoyle@visiblelogic.com | Sep 10, 2025 | Court Rulings, Valuations

Rigas v. Rigas, 2024 The judgment of the Supreme Court was appealed on this New York divorce case to the New York Court of Appeals. The appeals court affirmed the award of 20% of the during-marriage appreciation of the husband’s business, ARC Electrical &...

Expert’s Testimony Is Excluded as to Solvency—Adjustments to the Balance Sheet of Debtor Were Inappropriate

by adoyle@visiblelogic.com | Aug 8, 2025 | Court Rulings, Valuations

Wee v. Yangzhou Putian Shoemaking Co. (In re Unimex Corp.), 2024 “An expert’s report on debtor’s insolvency was excluded under Fed. R. Evid. 702 because the expert’s 50 percent discount of inventory value was a flawed assumption given that the debtor was not being...

North Carolina Court of Appeals Affirms Trial Court as to Inclusion of Personal Goodwill

by adoyle@visiblelogic.com | Jul 25, 2025 | Court Rulings, Valuations

Sneed v. Sneed, 2024 This case concerned the North Carolina appeal of a divorce decree by the trial court. The appellate court affirmed the decisions of the trial court and held that the trial court was within its discretion to accept the business appraiser’s...

U.S. Tax Court Allows a Charitable Contribution Deduction for a Land Easement But Also Applies a Gross Valuation Misstatement Penalty

by adoyle@visiblelogic.com | Jul 2, 2025 | Court Rulings, Valuations

Buckelew Farm, LLC v. Comm’r, T.C. Memo 2024-52; 2024 The U.S. Tax Court, in this case, allowed a charitable deduction that the IRS had disallowed despite the fact that the conservation purpose was not preserved into perpetuity following a circuit ruling invalidating...

Appellate Court (Michigan) Orders a Second Remand to Value a Tax Loss Carryforward

by adoyle@visiblelogic.com | Jun 18, 2025 | Court Rulings, Valuations

Correctly Cammenga v. Cammenga, 2024 This case was returned to the Court of Appeals in order for the court “to make necessary factual findings related to the value of a tax loss carryforward, to alleged violations of a status quo order, and to the court’s decision to...

North Dakota Supreme Court Affirms Choice of Wife’s Expert’s Value of Dental Practice

by adoyle@visiblelogic.com | Jun 4, 2025 | Court Rulings, Valuations

Kemmett v. Kemmett, 2024 The Supreme Court of North Dakota reviewed the decree and decisions of the district court in this divorce action. The supreme court upheld the valuation of certain land as it was not clearly erroneous because it was within the range of...