Court Rejects 'Historical Average Income Approach' to Valuing Contingency Fees

Business Valuation UpdateVol. 11 No. 8
Legal and Court Case Update
August 2005

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marital dissolution/divorce
marital dissolution, contingent fees, historical income approach
Stageberg v. Stageberg
2005 Minn. App. LEXIS 484
May 3, 2005
US
State Court
Minnesota
Court of Appeals
Alan C. Eidsness, Robert A. Standke, Timothy Mulrooney
Charles T. Hvass, Jr. (for wife)
Hudson

Summary

In this marital dissolution case, the trial court determined that husband’s right to contingency fees from his legal practice, obtained before the valuation date, were marital assets.

See Also

Stageberg v. Stageberg

Full Text of Court Cases
May 3, 2005

In this marital dissolution case, the trial court determined that husband's right to contingency fees from his legal practice, obtained before the valuation date, were marital assets.