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New York Law - At What Date Do We Value the Business? The business will generally be valued at the trial date, unless there is a good reason for using another date. So if, for example, the operator of the business has trashed it since the separation, the court might use the separation date to value the business. Or, if the business has soared since separation thanks to the efforts of one spouse, the court might reward the hard-working spouse by using the separation date, with its lower value, as the date the business is valued.
Disclaimer: We are not giving legal advice. No warranties. We disclaim all legal liability. More... Click here to go to top New York divorce law page. Click here for the New York divorce legal table of contents. | |||||||||||||||||||||
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