Wisconsin High Court Says Majority Rule on Goodwill Is ‘Mistaken’

Business Valuation UpdateVol. 17 No. 9
Legal and Court Case Update
September 2011
8021 Offices and Clinics of Dentists
621210 Offices of Dentists
marital dissolution/divorce
goodwill

McReath v. McReath (II)
2011 WL 2706249 (Wis.)
July 12, 2011
US
State Court
Wisconsin
Supreme Court
Craig Billings and Dennis Kleinheinz (wife); Greg Ksicinski (husband)
Roggensack

Summary

Wisconsin Supreme Court upholds the standard that all saleable goodwill in a professional practice, as evidenced by a non-competition agreement, is a divisible marital asset; and that it is not “double-counting” to base a maintenance award on the income p ...

See Also

McReath v. McReath (II)

Wisconsin Supreme Court upholds the standard that all saleable goodwill in a professional practice, as evidenced by a non-competition agreement, is a divisible marital asset; and that it is not “double-counting” to base a maintenance award on the income p ...