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 WI 66, 335 Wis. 2d 643, 800 N.W.2d 399, 2011 Wisc. LEXIS 354, 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 ...