Stephanos v. Stephanos (In re Marriage of Stephanos)

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December 28, 2018

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2834 Pharmaceutical Preparations
325412 Pharmaceutical Preparation Manufacturing
marital dissolution/divorce
enterprise goodwill, expert testimony, personal goodwill, fair market value (FMV), marital asset, noncompete agreement, equitable distribution
Stephanos v. Stephanos (In re Marriage of Stephanos)
Case No. 502013DR007061XXXXSB, Circuit Court of the Fifteenth Judicial Circuit, Palm Beach County, Florida, J. Samantha Schosberg Feuer, Final Judgment
US
State Court
Florida
Circuit Court
Z. Christopher Mercer (petitioner/husband); Josh Angell (respondent/wife)
Schosberg Feuer

Summary

Trial court adopts goodwill value determination of wife’s expert (residual method) as well as expert’s finding that none of goodwill in family business is personal to owner spouse; business’s success was not dependent on owner’s continued presence or his execution of a noncompete, court says.
Stephanos_v_Stephanos
PDF, Size: 1,595 KB

See Also

Divorce Court Finds No Personal Goodwill Value in Single-Owner Business

Court Case Digests
December 28, 2018

Trial court adopts goodwill value determination of wife’s expert (residual method) as well as expert’s finding that none of goodwill in family business is personal to owner spouse; business’s success was not dependent on owner’s continued presence or his execution of a noncompete, court says.

This article also appears in:
Business Valuation in Divorce Case Law Compendium
Business Valuation in Divorce Case Law Compendium - Fifth Edition