Appraisal Business Valued at Its Fixed Asset Value

Business Valuation Update BVLaw
Legal and Court Case Update
April 8, 1999

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Penny Brockbank v. James Lynn Brockbank
1999 UT App 116, unpublished
US
State Court
Utah
Court of Appeals
Wilkins

Summary

The Utah Court of Appeals affirmed the trial court's valuation of an appraisal business at the value of its fixed assets. It reasoned that no error occurred since the value of the business was due in large part to the personal reputation (goodwill) of th ...

See Also

Penny Brockbank v. James Lynn Brockbank

Full Text of Court Cases
April 8, 1999

The Utah Court of Appeals affirmed the trial court's valuation of an appraisal business at the value of its fixed assets. It reasoned that no error occurred since the value of the business was due in large part to the personal reputation (goodwill) of th ...