Buy-Sell Agreements Receive Varying Consideration in Divorce: In re Marriage of Kingery

Business Valuation UpdateVol. 18 No. 3
Legal and Court Case Update
March 2012

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marital dissolution/divorce
goodwill, buy-sell agreement
In re Marriage of Kingery
2011 Okla. Civ. App. LEXIS 110
December 29, 2011
US
State Court
Oklahoma
Court of Appeals
Kenneth Klingenberg (husband); Michael O’Brien (wife)
Hetherington, Jr.

Summary

In valuing the husband’s 25% interest in a law firm, the trial court erroneously accepted a valuation that included a “purchase acquisition cost” or “goodwill cost” derived from a buy-out of a former partner.

See Also

In re Marriage of Kingery

Full Text of Court Cases
December 29, 2011

In valuing the husband’s 25% interest in a law firm, the trial court erroneously accepted a valuation that included a “purchase acquisition cost” or “goodwill cost” derived from a buy-out of a former partner.