Jannie M. Walker v. Ernest B. Walker

BVLaw
Full Text of Court Cases
July 20, 2004
6411 Insurance Agents, Brokers, and Service
524210 Insurance Agencies and Brokerages
marital dissolution/divorce

Jannie M. Walker v. Ernest B. Walker
No. COA 03-998 (NC App. 2004), unpublished
US
State Court
North Carolina
Court of Appeals
Lori W. Rosbrugh, Nora Henry Hargrove
Martin

Summary

The North Carolina Court of Appeals affirmed the valuation of an Allstate Insurance Agency. The agency had no tangible assets of significant value and its goodwill was valued using the excess earnings method. The lower court rejected a deduction for the p ...
Jannie M. Walker v. Ernest B. Walker
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See Also

Goodwill ‘implicit’ in capitalization of excess earnings method

The issue in this marital dissolution was the value of husband’s insurance agency.

Insurance Agency Valued Using Excess Earnings Method

The North Carolina Court of Appeals affirmed the valuation of an Allstate Insurance Agency.