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- P'ninat Mishpat
Ruling: The two sides agreed in the hearing to have Mr. B, who is not an appraiser but owned a supermarket in their region, to appraise the business’s value. Mr. B estimated the value of the business at 235,000 shekels, which took into account the fact that it does not yet have a license. He also took into account the present equipment and inventory.
Because this is "express adjudication," we will estimate the value based on Oct. 2017. This is the only way (on technical grounds, mainly because pl is unaware of what transpired financially since then) to do a simple estimation.
P'ninat Mishpat (832)
Various Rabbis
587 - Leaving an Apartment with Electrical Problems
588 - Giving a Partnership to One Partner
589 - Holding Guarantors to their Commitment? – part I
Load More
Def claims that the business’s debt is 86,037 shekels. Pl does not know exactly but estimates it at 85,000 shekels. Since the difference between the sides is small and def has an exact number and a definite claim, we will follow it, just rounding it down to 86,000 shekels. Therefore, the value of pl’s half of the business is (235,000-86,000) /2 = 74,500 shekels.
Both sides argue that the amount of salary that they received from the business was unfairly low. Beit din rejects the relevance of both claims. As long as previous agreements were followed, that is the arrangement which should be binding.
The expert’s fee was paid by pl and by the business (instead of def) in equal parts. Since at this point, the business is owned by def, there is no need for def to have paid from his "private pocket."
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