Drohan v. Drohan
Appellate Division of the Supreme Court of the State of New York
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
- Majauskas v. MajauskasNew York Court of Appeals · 1984
- O'Brien v. O'BrienNew York Court of Appeals · 1985
- Rodgers v. RodgersAppellate Division of the Supreme Court of the State of New York · 1983
- Siegel v. SiegelAppellate Division of the Supreme Court of the State of New York · 1987
- Michalek v. MichalekAppellate Division of the Supreme Court of the State of New York · 1985
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3Cited by4 opinions
- Garvey v. GarveyAppellate Division of the Supreme Court of the State of New York · 1996
- Gaglio v. Molnar-GaglioAppellate Division of the Supreme Court of the State of New York · 2002
- Lester v. LesterAppellate Division of the Supreme Court of the State of New York · 1997
- Burrows v. BurrowsAppellate Division of the Supreme Court of the State of New York · 2000