Gifford v Gifford

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October 22, 2015

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8711 Engineering Services
541330 Engineering Services
marital dissolution/divorce
divorce, expert testimony, intangible assets, capitalization of earnings, double dip, equitable distribution, service company, future income, double counting
Gifford v Gifford
2015 N.Y. App. Div. LEXIS 7829
US
State Court
New York
Court of Appeals
Edward Selig (jointly retained)
Lynch

Summary

New York appellate court finds trial court’s spousal support determination violated double counting rule where expert valued husband’s solely owned engineering company based on an income approach and the business was a service business.
Gifford v Gifford
PDF, Size: 84 KB

See Also

Service Business Valuation Triggers Double-Dip Rule

Legal and Court Case Update
January 2016

New York appellate court finds trial court’s spousal support determination violated double counting rule where expert valued husband’s solely owned engineering company based on an income approach and the business was a service business.

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