Non-compete covenant not a marital asset, but allocation of value to it must be fai

Business Valuation UpdateVol. 1 No. 1
Legal and Court Case Update
October 1995

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8021 Offices and Clinics of Dentists
621210 Offices of Dentists
marital dissolution/divorce
marital dissolution
In re the Marriage of Monaghan
78 Wn. App. 918, 899 P.2d 841
August 9, 1995
US
State Court
Washington
Court of Appeals
Houghton

Summary

The divorce decree awarded the dental practice to husband, subject to an interest in favor of the wife of 50% of the gross funds received in excess of $80,000 from the sale of the practice.

See Also

In re the Marriage of Monaghan

Full Text of Court Cases
August 9, 1995

Issue was whether covenant not to compete from sale of dental practice was separate or marital asset.