Doctor Has Only $1 Interest in the Practice, According to Buy-Sell

Business Valuation UpdateVol. 18 No. 5
Legal and Court Case Update
May 2012
8011 Offices and Clinics of Doctors of Medicine
621111 Offices of Physicians (except Mental Health Specialists)
marital dissolution/divorce
goodwill, buy-sell agreement, employment agreement

In re Marriage of Gelman
2012 Wash. App. LEXIS 353
February 21, 2012
US
State Court
Washington
Court of Appeals
Steven Kessler
Spearman

Summary

A medical partnership’s exclusive contract to provide anesthesiology services to a hospital is an intangible asset, but since buy-sell agreement limits wife’s interest to $1.00, the court finds she has no ownership interest in the business and the contrac ...

See Also

In re Marriage of Gelman

A medical partnership’s exclusive contract to provide anesthesiology services to a hospital is an intangible asset, but since buy-sell agreement limits wife’s interest to $1.00, the court finds she has no ownership interest in the business and the contrac ...