How Does Coronavirus Affect Divorce Property Valuation?
In most cases, economic activity slowed to a standstill during the spring 2020 coronavirus lockdowns. The slowdown was especially bad for entertainment venues, most retailers, and other nonessential businesses. Normally, the law distinguishes between active and passive assets. But these are not normal times. The extraordinary circumstances rule, first articulated in 1991’s Goldman v. Goldman, sometimes comes into play. Assume…