No Evidence to Support 'Going Concern Value' Adjustment

Business Valuation UpdateVol. 8 No. 2
Legal and Court Case Update
February 2002

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5074 Plumbing and Heating Equipment and Supplies (Hydronics)
423720 Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers
judicial dissolution
intangible assets, reasonable compensation, going concern, tangible assets, partnership dissolution
Marengo v. Bowen
2001 Tenn. App. LEXIS 907
December 10, 2001
US
State Court
Tennessee
Court of Appeals
Robert Scandlyn, CPA, JD (for defendants) <br> Garry Lewis, CPA (for plaintiffs)
Ash

Summary

This is an appeal by the remaining partners of the trial court's findings in determining the value of the withdrawing partner's partnership interest as of the date of dissolution.

See Also

Marengo v. Bowen

Full Text of Court Cases
December 10, 2001

NOTICE:  THIS OPINION WAS REPLACED AFTER REHEARING.  WE HAVE KEPT THE ORIGINAL OPINION HERE FOR REFERENCE AND COMPARISON PURPOSES.