Court Nixes Double-Dip Claim Based on Accounts Receivable Treatment

Business Valuation UpdateVol. 21 No. 12
Legal and Court Case Update
December 2015
8021 Offices and Clinics of Dentists
621210 Offices of Dentists
marital dissolution/divorce
divorce, expert testimony, income approach, asset approach, capitalization of earnings, double dip, accounts receivable, future income, double counting

Settele v. Settele
2015 Ohio App. LEXIS 3629
September 15, 2015
US
State Court
Ohio
Court of Appeals
Richard Ferguson (husband); Brian A. Russell (wife)
Sadler

Summary

Appeals court rejects claim that accounts receivable used in asset-based business valuation by wife’s expert are analogous to future income stream for purposes of arguing double dip in light of income determination for spousal support award.

See Also

Settele v. Settele

Appeals court rejects claim that accounts receivable used in asset-based business valuation by wife’s expert are analogous to future income stream for purposes of arguing double dip in light of income determination for spousal support award.