Single customer relationship results in zero value

Business Valuation UpdateVol. 9 No. 11
Legal and Court Case Update
November 2003
4213 Trucking, Except Local
484121 General Freight Trucking, Long-Distance, Truckload
marital dissolution/divorce
personal goodwill, marital dissolution, court appointed expert

Moore v. Moore
2003 Ohio 3320, 2003 Ohio App. LEXIS 3047
June 26, 2003
State Court
Court of Appeals
Daniel Thompson (for husband)


Trial court did not err in adopting zero valuation where appraiser considered nature of trucking company and that its revenue was from a single customer.

See Also

Moore v. Moore

Issue is whether trial court erred in relying on expert valuation of zero based on fact that company only had one customer and business depended on husband's relationship with customer.