Flawed Medical Practice Determination Shows Difficulties of Trial Process

In the Brown divorce, the husband owned an OB/GYN practice where the wife worked part-time to help with accounting. At trial, only the wife presented expert testimony from a CPA with experience appraising businesses and medical practices. He analyzed five years of accounts receivable, concluding the practice was worth nearly $98,000. The husband testified that the receivables were only 10% collectible, however, essentially placing a value on his practice of just under $9,800. The wife also testified that, as part of ...