Goodwill Value of Closely Held Company Assumes a Noncompete

Business Valuation UpdateVol. 18 No. 3
Legal and Court Case Update
March 2012

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Swaney v. Swaney
2011 N.C. App. LEXIS 2648
December 20, 2011
US
State Court
North Carolina
Court of Appeals
George Batten (husband)
Ervin

Summary

North Carolina Court of Appeals affirms $30,000 goodwill value for closely held IT firm based on a multiple of earnings approach and assumption of a non-compete in a willing buyer/willing seller transaction.

See Also

Swaney v. Swaney

Full Text of Court Cases
December 20, 2011

North Carolina Court of Appeals affirms $30,000 goodwill value for closely held IT firm based on a multiple of earnings approach and assumption of a non-compete in a willing buyer/willing seller transaction.