Expert’s Best-Effort Medical Practice Valuation Holds Up on Appeal

Business Valuation UpdateVol. 23 No. 6
BVLaw Case Update
June 2017
8041 Offices and Clinics of Chiropractors
621310 Offices of Chiropractors
marital dissolution/divorce
discount rate, expert testimony, income approach, normalization, reasonable compensation, capitalization of earnings, capitalization rate, market approach, sales comparison, tax rate

Ramundo v. Ramundo
2017 N.J. Super. Unpub. LEXIS 443
February 24, 2017
US
State Court
New Jersey
Superior Court of New Jersey, Appellate Division
Stephan Chait (plaintiff-husband); Thomas Reck (defendant-wife)
Per Curiam

Summary

Appeals court upholds medical practice valuation despite gaps in expert analysis, including failure to analyze goodwill and exclude premarriage value portion of practice; expert’s job was “complicated” due to owner-spouse’s noncompliance with discovery.

See Also

Expert’s Best-Effort Medical Practice Valuation Holds Up on Appeal

Appeals court upholds medical practice valuation despite gaps in expert analysis, including failure to analyze goodwill and exclude premarriage value portion of practice; expert’s job was “complicated” due to owner-spouse’s noncompliance with discovery.