Appellate Court of Utah Affirms Judgment of Business Value Despite Assertions the Value Included Personal Goodwill

BVLaw
Court Case Digests
March 3, 2022
2834 Pharmaceutical Preparations
325412 Pharmaceutical Preparation Manufacturing , 541940 Veterinary Services
marital dissolution/divorce
goodwill, personal goodwill, veterinary practice, disclosure, marital estate

Erickson v. Erickson
2022 UT App 27; 2022 Utah App. LEXIS 27; 2022 WL 619796
US
State Court
Utah
Court of Appeals
Diana Hagen, Gregory K. Orme, Michele M. Christiansen Forster

Summary

The Court of Appeals of Utah in this divorce case affirmed the trial court’s decisions regarding the value of the wife’s business and the exclusion of the wife’s rebuttal witness. The primary issue on appeal was whether the business value included personal goodwill and whether personal goodwill was an appropriate issue in Utah for this business, veterinary pharmaceuticals. The court also affirmed the trial court’s exclusion of the wife’s rebuttal expert.

See Also

Erickson v. Erickson

The Court of Appeals of Utah in this divorce case affirmed the trial court’s decisions regarding the value of the wife’s business and the exclusion of the wife’s rebuttal witness. The primary issue on appeal was whether the business value included personal goodwill and whether personal goodwill was an appropriate issue in Utah for this business, veterinary pharmaceuticals. The court also affirmed the trial court’s exclusion of the wife’s rebuttal expert.