Double-Dip Claim Fails to Resonate With Appeals Court

Business Valuation UpdateVol. 23 No. 1
BVLaw Case Update
January 2017
5271 Mobile Home Dealers
453930 Manufactured (Mobile) Home Dealers
marital dissolution/divorce
goodwill, expert testimony, going concern, valuation methods, double counting

In re Marriage of Kirkendoll
2016 Wash. App. LEXIS 2357
October 4, 2016
US
State Court
Washington
Court of Appeals
Devon Brown (husband); none (wife)
Johanson

Summary

Court says awarding husband family business plus business income taken out to make business-related payments does not fit “notion of an impermissible ‘double dip’”; business was not a diminishing asset, and wife did not receive either of those assets.

See Also

Double-Dip Claim Fails to Resonate With Appeals Court

Court says awarding husband family business plus business income taken out to make business-related payments does not fit “notion of an impermissible ‘double dip’”; business was not a diminishing asset, and wife did not receive either of those assets.