Three New Cases Examine Valuation of Goodwill In Medical Practices

Business Valuation UpdateVol. 13 No. 4
Legal and Court Case Update
April 2007
8011 Offices and Clinics of Doctors of Medicine
621111 Offices of Physicians (except Mental Health Specialists)
economic damages & lost profits

Keane v. Lowcountry Pediatrics
2007 S.C. App. LEXIS 6
January 29, 2007
State Court
South Carolina
Court of Appeals
James S. Gibson Jr., Mary B. Lohr, Robert V. Mathison Jr., William L. Howard Sr.
Louis Fleishman (minority partners); Websters Rogers, LLP (majority partners)


Goodwill valuation continues to cause legal headaches, as three more cases this month (in addition to the Stewart decision ) dissect the issue, all in the context of medical practices. The first considers applying the rule regarding valuing goodwill in m ...

See Also

Keane v. Lowcountry Pediatrics

South Carolina court considers applying standard of goodwill valuation in marital dissolutions to partnership dissolutions.