Court Validates Zero Goodwill for Naturopathic Practice

Business Valuation UpdateVol. 21 No. 8
Legal and Court Case Update
August 2015
8049 Offices and Clinics of Health Practitioners, NEC
621399 Offices of All Other Miscellaneous Health Practitioners
marital dissolution/divorce
divorce, enterprise goodwill, expert testimony, evidence, market approach, professional practice, equitable distribution, willing buyer

Reedy-Huffman v. Huffman
2015 Alas. LEXIS 56
May 20, 2015
US
State Court
Alaska
Supreme Court
none (wife); none (husband)
per curiam

Summary

State high court affirms trial court’s determination that husband’s naturopathic practice had zero goodwill value based solely on husband’s testimony that a similar practice in the area failed to attract a buyer despite being on the market for a year.

See Also

Reedy-Huffman v. Huffman

State high court affirms trial court’s determination that husband’s naturopathic practice had zero goodwill value based solely on husband’s testimony that a similar practice in the area failed to attract a buyer despite being on the market for a year.