Personal Goodwill Included in Valuation When Maintenance Is Waived

Business Valuation Update BVLaw
Legal and Court Case Update
June 7, 2007
State Court
Illinois
Court of Appeals

Summary

The Illinois Court of Appeals reversed the lower court’s valuation of a dental practice. It found that the lower court erred when it excluded cash, accounts receivable, cash surrender value of life insurance, and officer loans from the value of the busine ...

See Also

In re the Marriage of Earl M. Schneider v. Jodi Ann Schneider (Schneider I)

The Illinois Court of Appeals reversed the lower court’s valuation of a dental practice. It found that the lower court erred when it excluded cash, accounts receivable, cash surrender value of life insurance, and officer loans from the value of the busine ...