McCarter v. McCarter

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December 1, 2014

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7389 Business Services, NEC
561990 All Other Support Services
marital dissolution/divorce
goodwill, enterprise goodwill, expert testimony, income approach, professional goodwill, asset approach, adjusted book value, auction business
McCarter v. McCarter
2014 Tenn. App. LEXIS 778
US
State Court
Tennessee
Court of Appeals
Renee Harwell (wife/appellant); Jason Fleming (husband/appellee)
Frierson II

Summary

Appeals court affirms trial court’s finding that all the goodwill in husband’s auction business is nontransferable where the husband is the only licensed auctioneer and the sole shareholder of the company and allows for expansion of concept of profession.
McCarter v. McCarter
PDF, Size: 231 KB

See Also

Goodwill Determination Turns on Classification of Auction Business

Legal and Court Case Update
March 2015

Appeals court affirms trial court’s finding that all the goodwill in husband’s auction business is nontransferable where the husband is the only licensed auctioneer and the sole shareholder of the company and allows for expansion of concept of profession.

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