Must account for reasonable compensation in goodwill calculation

Business Valuation UpdateVol. 7 No. 1
Legal and Court Case Update
January 2001

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marital dissolution/divorce
reasonable compensation, marital dissolution, book value, professional corporation
Clymer v. Clymer (II)
2000 Ohio App. LEXIS 4248
September 21, 2000
US
State Court
Ohio
Court of Appeals
Ronald Worley (for wife); Richard Ferguson (for husband); J. Michael Nesser (for husband)
Bryant

Summary

The plaintiff in this divorce proceeding, Mr. Clymer, is an attorney in Columbus, Ohio. Mr. Clymer engaged a CPA, Richard Ferguson of Ferguson Consulting , to perform a valuation of his l ...

See Also

Clymer v. Clymer (II)

Full Text of Court Cases
September 21, 2000

At issue is whether the trial court properly determined reasonable compensation in its analysis of the value of Mr. Clymer's interest in the law practice.