Williams v. Williams

BVLaw
Full Text of Court Cases
May 28, 2003
8062 General Medical and Surgical Hospitals
622110 General Medical and Surgical Hospitals
marital dissolution/divorce
enterprise goodwill, intangible assets, personal goodwill, asset approach, discount for lack of marketability (DLOM), fair market value (FMV), marital dissolution

Williams v. Williams
2003 Ark. App. LEXIS 450
US
State Court
Arkansas
Court of Appeals
Richard Schwartz, CPA/ABV, ASA, MCBA, CFE (for wife) <br> Cheryl Shuffield, CPA/ABV, CVA (for husband)
Pittman

Summary

The issue in this marital dissolution was the fair market value of husbands medical clinic and surgery center. Goodwill was the major point of disagreement between the experts.

See Also

Parties failed to distinguish personal and practice goodwill

Wife’s expert, Richard Schwartz, testified that the fair market values of ADC and Gastro were $911,200 and $1,477,000, respectively,Husband was a gastroenterologist who owned a clinic ...