West Virginia Joins Majority in Distinguishing Between Personal and Enterprise Goodwill

Business Valuation UpdateVol. 10 No. 2
Legal and Court Case Update
February 2004

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8021 Offices and Clinics of Dentists
621210 Offices of Dentists
marital dissolution/divorce
goodwill, enterprise goodwill, personal goodwill
May v. May
2003 W. Va. LEXIS 118
November 10, 2003
US
State Court
West Virginia
Supreme Court
Davis

Summary

One of the primary issues in this marital dissolution was the valuation of husband’s dental practice.

See Also

May v. May

Full Text of Court Cases
November 10, 2003

At issue in this case is the nature of husband's practice goodwill. Testimony by both experts at trial established the goodwill as "personal."