Charles W. Rush v. Latresa A. Rush

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August 9, 2005

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1711 Plumbing, Heating, and Air-Conditioning
238220 Plumbing, Heating, and Air-Conditioning Contractors
marital dissolution/divorce
Charles W. Rush v. Latresa A. Rush
No. 2004-CA-00260-COA (Miss. App. 2005)
US
State Court
Mississippi
Court of Appeals
Stephen L. Beach, William D. Ketner
Kevin Lightheart, CPA, CVA
Chandler

Summary

The Mississippi Court of Appeals affirmed a trial court’s decision to value a service company inclusive of goodwill. The court reached this conclusion based on expert testimony that the business had little personal goodwill and evidence that the owner-sha ...
Charles W. Rush v. Latresa A. Rush
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Midsize Service Business Has Enterprise Goodwill

Legal and Court Case Update
August 9, 2005

The Mississippi Court of Appeals affirmed a trial court’s decision to value a service company inclusive of goodwill. The court reached this conclusion based on expert testimony that the business had little personal goodwill and evidence that the owner-shareholder was not an essential/irreplaceable part of the business.