Case Name: Kenneth DeMott, as Executor of Raymond N. DeMott, Deceased, Appellant, v. John P. Walsh, Individually and as General Partner of National Manufacturing Representatives, Respondent
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1995-10-31
Citations: 220 A.D.2d 371
Docket Number: 
Parties: Kenneth DeMott, as Executor of Raymond N. DeMott, Deceased, Appellant, v John P. Walsh, Individually and as General Partner of National Manufacturing Representatives, Respondent.
Judges: 
Reporter: Appellate Division Reports
Volume: 220
Pages: 371–372

Head Matter:
Kenneth DeMott, as Executor of Raymond N. DeMott, Deceased, Appellant, v John P. Walsh, Individually and as General Partner of National Manufacturing Representatives, Respondent.
[632 NYS2d 961]

Opinion:
—Order, Supreme Court, New York County (Charles E. Ramos, J.), entered on or about October 4, 1994, which, after a non-jury trial, placed a $40,000 valuation on the deceased's interest in the partnership at the time of his death, unanimously reversed, on the facts, with costs, and the valuation placed at $130,000 in accordance with the recommendation of defendant's expert.
Under the circumstances, we find that the valuation by defendant's expert best reflected the fair market value of the partnership at the time in question. Concur—Asch, J. P., Nardelli, Williams and Tom, JJ.