Goodwill not an asset in Nebraska professional corporations

Business Valuation UpdateVol. 10 No. 7
Legal and Court Case Update
July 2004

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0742 Veterinary Services for Animal Specialties
541940 Veterinary Services
judicial dissolution
corporate dissolution
Detter v. Miracle Hills Animal Hospital PC (I)
12 Neb. App. 480, 2004 Neb. App. LEXIS 79
April 6, 2004
US
State Court
Nebraska
Court of Appeals
Robert E. O'Connor Jr.
Cynthia Wutchiett, CPA (for Detter) <br> Ronald Nebbia, CPA (for MHAH)
Inbody

Summary

One issue in this corporate dissolution case was the inclusion of goodwill in the value of the corporation.

See Also

Detter v. Miracle Hills Animal Hospital PC (I)

Full Text of Court Cases
April 6, 2004

Goodwill is not a marketable asset that stays with a corporation, but, rather, a nonmarketable one that leaves with a professional.