Legal Opinion

Drohan v. Drohan

Appellate Division of the Supreme Court of the State of New York

Decided May 28, 1993PublishedCited by 4 opinions

1Opinion of the Court

Judgment unanimously modified on the law and as modified affirmed without costs in accordance with the following Memorandum: The primary issue in this divorce action concerned the valuation and distribution of plaintiffs solely owned business, a general insurance agency. Plaintiffs expert valued the agency at $485,000, and defendant’s expert arrived at a value of $1,600,000. Applying a modified version of the analysis used by defendant’s expert, Supreme Court determined the value to be $1,230,000 and, in the equitable distribution of the parties’ assets, awarded 35% of the agency’s value to…

2Cases cited10 opinions

  1. Majauskas v. MajauskasNew York Court of Appeals · 1984
  2. O'Brien v. O'BrienNew York Court of Appeals · 1985
  3. Rodgers v. RodgersAppellate Division of the Supreme Court of the State of New York · 1983
  4. Siegel v. SiegelAppellate Division of the Supreme Court of the State of New York · 1987
  5. Michalek v. MichalekAppellate Division of the Supreme Court of the State of New York · 1985

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3Cited by4 opinions

  1. Garvey v. GarveyAppellate Division of the Supreme Court of the State of New York · 1996
  2. Gaglio v. Molnar-GaglioAppellate Division of the Supreme Court of the State of New York · 2002
  3. Lester v. LesterAppellate Division of the Supreme Court of the State of New York · 1997
  4. Burrows v. BurrowsAppellate Division of the Supreme Court of the State of New York · 2000

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