New York Court Finds Excess Earnings Double Counted

Business Valuation Update BVLaw
Legal and Court Case Update
August 20, 2001

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8011 Offices and Clinics of Doctors of Medicine
621111 Offices of Physicians (except Mental Health Specialists)
marital dissolution/divorce
fair value, fair market value (FMV), market approach, earnings before interest, taxes, depreciation, amortization (EBITDA), earnings before interest, taxes (EBIT), corporate dissolution
Sodaro v. Sodaro
286 A.D.2d 434, 729 N.Y.S. 2d 731, 2001 N.Y. App. Div. LEXIS 8119
US
State Court
New York
Supreme Court
David S. Marcus, CPA (for husband)
Friedmann

Summary

In this marital dissolution case, the husband, a psychiatrist with a successful private practice, appealed the judgment of the trial court ordering him to pay monthly spousal maintenance pay ...

See Also

Sodaro v. Sodaro

Full Text of Court Cases
August 20, 2001

One issue on appeal was whether the trial court double counted income from the husband's psychiatry practice that was also equitably distributed as marital property.