Arkansas Court Clarifies What Sort of Businesses Can Have Personal Goodwill

BVLaw
Court Case Digests
April 11, 2018
5049 Professional Equipment and Supplies, NEC
423490 Other Professional Equipment and Supplies Merchant Wholesalers
marital dissolution/divorce
personal goodwill, marital estate, professional practice, property division, nonprofessional business

Atherton v. Atherton
2018 Ark. App. LEXIS 264
US
State Court
Arkansas
Court of Appeals
None (husband); none (wife)
Hixson

Summary

Arkansas Court of Appeals rejects claim by owner of nonprofessional business that any value in business represents personal goodwill attributable to him; court says concept of personal goodwill has not been extended to nonprofessional business “such as the one involved here.”

See Also

Atherton v. Atherton

Arkansas Court of Appeals rejects claim by owner of nonprofessional business that any value in business represents personal goodwill attributable to him; court says concept of personal goodwill has not been extended to nonprofessional business “such as the one involved here.”