Murky Goodwill Testimony Makes Partner Agreement Best Indicator of Value

Business Valuation UpdateVol. 20 No. 4
Legal and Court Case Update
April 2014
8721 Accounting, Auditing, and Bookkeeping Services
541211 Offices of Certified Public Accountants
marital dissolution/divorce
goodwill, enterprise goodwill, professional goodwill, professional practice, community property, mandell v. mandell

Hill v. Hill
2014 Tex. App. LEXIS 292
January 9, 2014
US
State Court
Texas
Court of Appeals
Mike Hill (wife); Bryan Rice (husband)
McCoy

Summary

Trial court was justified in disregarding any commercial goodwill in husband’s interest in a professional practice and relying on partnership agreement, Texas appeals court finds, where goodwill is not accessible and expert testimony as to its existence a ...

See Also

Hill v. Hill

Trial court was justified in disregarding any commercial goodwill in husband’s interest in a professional practice and relying on partnership agreement, Texas appeals court finds, where goodwill is not accessible and expert testimony as to its existence a ...