Schmidt v. Schmidt

BVLaw
Full Text of Court Cases
July 10, 2013
5995 Optical Goods Stores
446130 Optical Goods Stores
marital dissolution/divorce
goodwill, enterprise goodwill, expert testimony, personal goodwill, noncompete agreement

Schmidt v. Schmidt
120 So. 3d 31 (Fla. 4th DCA 2013)
US
State Court
Florida
Court of Appeal
Unknown (appellant/husband); unknown (appellee/wife)
Stevenson

Summary

Appeals court overturns valuation, finding trial court mistakenly accepted valuation that assumed and required noncompete from owner spouse without expert’s calculating value assuming no noncompete; valuation still includes personal goodwill component that must be excised, appeals court says.
Schmidt v. Schmidt
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