Parrish v. Schroering

BVLaw
Full Text of Court Cases
April 16, 2021
8021 Offices and Clinics of Dentists
621210 Offices of Dentists
buy/sell agreement
goodwill, expert testimony, income approach, intangible assets, asset approach, buyout, dental practice valuation, fair market value (FMV), future income

Parrish v. Schroering
2021 Ky. App. LEXIS 62; 2021 WL 1431604
US
State Court
Kentucky
Court of Appeals
Mark Dietrich; Harold Martin (appellee/departing partner); David Fister (appellant/remaining partner); James Lloyd (third appraiser)
Clayton, CJ

Summary

In buyout dispute, appeals court reverses trial court’s judgment, finding it was based on jury’s erroneous decision to set aside a contractually mandated appraisal and provide its own buyout price; there was no indication the appraisers misinterpreted the controlling partnership agreement; court remands ...
Parrish v. Schroering
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See Also

In Buyout Dispute, Appeals Court Finds There Was No Basis for Jury to Set Aside Appraisers’ Contractually Mandated Value Determination

In buyout dispute, appeals court reverses trial court’s judgment, finding it was based on jury’s erroneous decision to set aside a contractually mandated appraisal and provide its own buyout price; there was no indication the appraisers misinterpreted the controlling partnership agreement; court remands.