Buyer’s Failure to Assign Value to Practice Goodwill Nullifies Noncompete

Business Valuation UpdateVol. 22 No. 4
Legal and Court Case Update
April 2016

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8011 Offices and Clinics of Doctors of Medicine
621111 Offices of Physicians (except Mental Health Specialists)
contract
goodwill, purchase price allocation, professional practice, noncompete agreement, asset sale
Healthcare v. Orr
2016 Cal. App. Unpub. LEXIS 440
January 20, 2016
US
State Court
California
Court of Appeals
N/A
Fybel

Summary

Appeals court says noncompete/nonsolicitation clauses accompanying sale of solo practitioner’s medical practice to large healthcare provider are unenforceable where buyer allocated zero dollar value to practice’s goodwill; court strikes down injunction.

See Also

Healthcare v. Orr

Full Text of Court Cases
January 20, 2016

Appeals court says noncompete/nonsolicitation clauses accompanying sale of solo practitioner’s medical practice to large healthcare provider are unenforceable where buyer allocated zero dollar value to practice’s goodwill; court strikes down injunction.