Delaware Court Revisits Issue of Goodwill in Sole Proprietorship

BVLaw
Court Case Digests
October 9, 2020
6282 Investment Advice
523930 Investment Advice
marital dissolution/divorce
goodwill, expert testimony, income approach, capitalization of income approach, financial advisor, market approach, noncompete agreement, capitalization of excess earnings method, comparable transactions method, guideline public company method (GPCM)

A.A. v. B.A.
2020 Del. Fam. Ct. LEXIS 33; 2020 WL 6379355
US
State Court
Delaware
Family Court
Unknown (wife); unknown (husband)
Kerr

Summary

In valuing owner’s financial advisory business organized as sole proprietorship, court rejects idea that prior case law on goodwill in solely owned business precludes assigning goodwill to business; court says commissions earned during marriage but received post-separation or post-divorce are marital.

See Also

A.A. v. B.A.

In valuing owner’s financial advisory business organized as sole proprietorship, court rejects idea that prior case law on goodwill in solely owned business precludes assigning goodwill to business; court says commissions earned during marriage but received post-separation or post-divorce are marital.