Profits Greater than Replacement Salary in Practice Divisible Where Goodwill Is Found Unmarketable

Business Valuation Update BVLaw
Legal and Court Case Update
February 17, 2006
marital dissolution/divorce

Blanton Fortson v. Jayne Fortson
No. S-11332 (AK 2006)
US
State Court
Alaska
Supreme Court
Bruce A. Bookman, Susan Orlansky
Donovon Rulien; Frederick Strand
Carpeneti

Summary

The Alaska Supreme Court concluded that a lower court erred when it declined to award the non-operating spouse a share in the post-separation profits of the professional practice even though the lower court held that the practice had no goodwill value bec ...

See Also

Blanton Fortson v. Jayne Fortson

The Alaska Supreme Court concluded that a lower court erred when it declined to award the non-operating spouse a share in the post-separation profits of the professional practice even though the lower court held that the practice had no goodwill value bec ...