Former Partner Must Compensate for Goodwill Attached to Ongoing Business at Same Location

Business Valuation UpdateVol. 10 No. 6
Legal and Court Case Update
June 2004

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7241 Barber Shops
812111 Barber Shops
judicial dissolution
Perry v. Rogers
2004 Cal. App. Unpub. LEXIS 2733
March 25, 2004
US
State Court
California
Court of Appeals
Benke

Summary

The issue in this partnership dissolution was the division and valuation of goodwill in a barbershop.

See Also

Perry v. Rogers

Full Text of Court Cases
March 25, 2004

On appeal barbershop partner is required to compensate other partner for half of goodwill after obtaining a new lease to operate the shop without the other partner.