Valuation including goodwill upheld in logging business

Business Valuation UpdateVol. 8 No. 1
Legal and Court Case Update
January 2002
2411 Logging
113310 Logging
marital dissolution/divorce
net asset value, marital dissolution

In re of the Marriage of Weakley
P.3d 1045, 2001 Ore. App. LEXIS 1597
October 31, 2001
US
State Court
Oregon
Court of Appeals
H. Charles Chappell, CPA, CVA (for wife); Richard G. Mitchell, CPA (for husband)
Edmonds

Summary

In this marital dissolution, the husband appealed the property division of the circuit court on the grounds of valuation errors.

See Also

In re of the Marriage of Weakley

At issue is whether the trial court erred by adopting an expert witness's opinion as to the valuation of husband's stock in his business by including goodwill and by it failing to deduct for sales commissions in arriving at the value of equipment.