Company’s uniqueness and limited marketability equal zero goodwill

Business Valuation UpdateVol. 10 No. 1
Legal and Court Case Update
January 2004
7389 Business Services, NEC
812990 All Other Personal Services
marital dissolution/divorce
enterprise goodwill, marital dissolution

Bass v. Bass
2003 N.C. App. LEXIS 1755
September 2, 2003
US
State Court
North Carolina
Court of Appeals
Willie Blake, CPA (joint valuation expert); Walter Lee Cline (for wife)
Elmore

Summary

The parties were married in 1990, separated in 1997, and divorced in 1998.

See Also

Bass v. Bass

Issue is whether valuation of the goodwill of bonding business is speculative in light of the absence of any real market value for bail bonding businesses.