Court Rejects Death Benefit Valuation of Law Practice; Ongoing Business Realistic

Business Valuation UpdateVol. 2 No. 6
Legal and Court Case Update
June 1996
8111 Legal Services
541110 Offices of Lawyers
marital dissolution/divorce
partnership agreement

Wadsworth v. Wadsworth
641 N.Y.S.2d 779
April 19, 1996
US
State Court
New York
Supreme Court
Davis

Summary

During the first three years of the parties 31-year marriage, the husband attended and graduated from Stanford University Law School. In the divorce proceedings, the trial court credited the ...

See Also

Wadsworth v. Wadsworth

At issue is whether the Supreme Court properly valued defendant's law practice and properly declined to value separately defendant's law license.