Crews v. Crews

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June 24, 2014

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1531 Operative Builders
236117 New Housing For-Sale Builders
marital dissolution/divorce
enterprise goodwill, expert testimony, personal goodwill, excess earnings, expert report, expectancy, forensic expert, future earnings
Crews v. Crews
2014 Cal. App. Unpub. LEXIS 4415
US
State Court
California
Court of Appeal
Tony Yip, CPA (court-appointed); Karen Kaseno, forensic expert
Irion

Summary

Appeals court rejects business goodwill award to the husband as a community asset, finding there was no goodwill in the business entities, as the trial court well knew; the determination is based entirely on the expectancy of husband’s future earnings.
Crews v. Crews
PDF, Size: 104 KB

See Also

Court Nixes Murky Business Goodwill Determination

Legal and Court Case Update
October 2014

Appeals court rejects business goodwill award to the husband as a community asset, finding there was no goodwill in the business entities, as the trial court well knew; the determination is based entirely on the expectancy of husband’s future earnings.

This article also appears in:
Business Valuation in Divorce Case Law Compendium
Business Valuation in Divorce Case Law Compendium - Fifth Edition