Legal Opinion
Dempster v. Dempster
Appellate Division of the Supreme Court of the State of New York
Decided May 27, 1994PublishedCited by 5 opinions
1Opinion of the Court
—Judgment unanimously modified on the law and as modified affirmed without costs and matter remitted to Supreme Court for further proceedings in accordance with the following Memorandum: Supreme Court did not abuse its discretion in choosing the commencement date of this action as the valuation date for defendant’s closely held corporations (see, Patricia B. v Steven B., 186 AD2d 609, 610; Kalisch v Kalisch, 184 AD2d 751, 753). Nevertheless, it was error for the court to have adopted the conclusion of defendant’s expert that the corporations had no value at that time. The value of a business…
2Cases cited19 opinions
- Protective Committee for Independent Stockholders of TMT Trailer Ferry, Inc. v. AndersonSupreme Court of the United States · 1968
- O'Brien v. O'BrienNew York Court of Appeals · 1985
- Consolidated Rock Products Co. v. Du BoisSupreme Court of the United States · 1941
- Matter of Seagroatt Floral Co. Inc.(riccardi)New York Court of Appeals · 1991
- Siegel v. SiegelAppellate Division of the Supreme Court of the State of New York · 1987
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3Cited by5 opinions
- Dempster v. DempsterAppellate Division of the Supreme Court of the State of New York · 1997
- Garrison-Horgan v. HorganAppellate Division of the Supreme Court of the State of New York · 1996
- DeAngelis v. AVC Services, Inc.Appellate Division of the Supreme Court of the State of New York · 2008
- George v. GeorgeAppellate Division of the Supreme Court of the State of New York · 1997
- Singh v. SinghAppellate Division of the Supreme Court of the State of New York · 2008