Valuation of Husband’s Business Interest Considers Credibility, Personal Goodwill, and Other Issues

BVLaw
Court Case Digests
August 14, 2023
6282 Investment Advice
523920 Portfolio Management
marital dissolution/divorce
goodwill, personal goodwill, stock, speculative, rate of return

Tennebaum v. Deshpande
2023 Minn. App. Unpub. LEXIS 630
US
State Court
Minnesota
Court of Appeals
Slieter, Larkin, Halbrooks

Summary

In this Minnesota appeal of a marital dissolution decree, the district court received valuations from experts representing both parties and determined the value of the husband’s business interest in an asset management company. The husband appealed that value. The district court had considered matters of methodology as well as personal goodwill. The court of appeals found that the district court did not abuse its discretion and affirmed the judgment of the district court.

See Also

Tennebaum v. Deshpande

In this Minnesota appeal of a marital dissolution decree, the district court received valuations from experts representing both parties and determined the value of the husband’s business interest in an asset management company. The husband appealed that value. The district court had considered matters of methodology as well as personal goodwill. The court of appeals found that the district court did not abuse its discretion and affirmed the judgment of the district court.