Students completing this case derive many benefits. Inherently, the valuation of privately held companies is a non-traditional topic that motivates the intellectual curiosity of students. The controversial issues are endless. Therefore, we recommend this case study be completed by students in groups, although it has been assigned as an individual student exercise.
Divorce in the United States is governed by individual states. Hence, matrimonial laws vary. The instructor should thread matrimonial dissolution issues into the classroom discussion. Some of the matrimonial issues an instructor might address include definitions of no-fault divorce, equitable distribution, and community property. No-fault divorce does not require proof of fault; rather, the state honors the reason for filing. Equitable distribution of marital property and debt is used by most states. Equitable does not mean equal; it is based on fair division. The community property system of dividing marital assets requires that assets and debts acquired during...
