In re Marriage of Restaino
Court of Appeals reverses the trial court’s finding that pay-outs under a law firm dissolution agreement represented income to the husband rather than his equity share in a community asset, to which the wife could claim a portion.
In re Marriage of Kingery
In valuing the husband’s 25% interest in a law firm, the trial court erroneously accepted a valuation that included a “purchase acquisition cost” or “goodwill cost” derived from a buy-out of a former partner.
In re Marriage of Jackson
Court finds no appreciable value in husband's law practice, reversing trial court's improper characterization of cash account as asset instead of income.
Court Avoids Danger of Double Dip When No Claim for Alimony
Appellate court permits valuation of professional’s earning capacity (goodwill) in appraisal of small law practice when there was no child or spousal support at issue.
Standard of Value Controls Discovery in Divorce Case
Court of Appeals overturns trial court’s order limiting discovery of law firm records to production of buy-sell agreement, finding the applicable “fair value” standard requires production of all relevant pricing information in divorce.
Court Analyzes Appropriate Earnings Period to Use in Valuation of Law Practice
Divorce court considers proper period of earnings to estimate goodwill value of law practice under excess earnings approach.
In re Marriage of Barten
Appellate court permits valuation of professional’s earning capacity (goodwill) in appraisal of small law practice when there was no child or spousal support at issue.
Hartley v. Hartley
Court of Appeals overturns trial court’s order limiting discovery of law firm records to production of buy-sell agreement, finding the applicable “fair value” standard requires production of all relevant pricing information in divorce.
In re Marriage of Ross
Divorce court considers proper period of earnings to estimate goodwill value of law practice under excess earnings approach.
Ten Steps to Valuing Law Firm Contingency Cases (and Goodwill)
Hawai’i court confirms majority rule regarding disposition of professional/enterprise goodwill and joins majority rule regarding valuation of contingency fee cases, with some adjustment.
Weinberg v. Dickson-Weinberg
Hawai’i court confirms majority rule regarding disposition of professional/enterprise goodwill and joins majority rule regarding valuation of contingency fee cases, with some adjustment.
Fleischmann v. Fleischmann
This action for divorce was commenced on January 23, 2006.
More Credible Expert ‘Wins’ Million-Dollar Lawyer Divorce
Divorce court considers combined discounts for lack of marketability and control for husband’s interest in real estate and manufacturing concern.
In re Marriage of Heroy
Divorce court considers combined discounts for lack of marketability and control for husband’s interest in real estate and manufacturing concern.
Court Rejects 'Historical Average Income Approach' to Valuing Contingency Fees
In this marital dissolution case, the trial court determined that husband’s right to contingency fees from his legal practice, obtained before the valuation date, were marital assets.
Appeals Court Upholds Trial Court Law Practice Valuation
The issue in this marital dissolution was the value of husband’s interest in a law firm.
Stageberg v. Stageberg
In this marital dissolution case, the trial court determined that husband's right to contingency fees from his legal practice, obtained before the valuation date, were marital assets.
Rhinehart v. Rhinehart
The issue in this marital dissolution was the value of husband’s interest in a law firm.
Husband fails to prove value of contingent legal fees
In this marital dissolution, wife's interest in a law firm was saddled with large amounts of debt and tax liabilities that exceeded her interest in the firm.
K v. B
In this marital dissolution, wife’s interest in a law firm was saddled with large amounts of debt and tax liabilities that exceeded her interest in the firm.
Future Earnings Not Proper in Book Value of Professional Corporation
The issue in this case was the value of the shares of an attorney’s stock in her professional corporation (law firm) at the time of her termination.
No goodwill in law practice where partner lacks experience
The issue in this marital dissolution was the value of husband’s one-third interest in a law firm.
Billable Hour Records Do Not Establish the Amount of Wife’s Contributions to Husband’s Law Practice
The Michigan Court of Appeals reversed a lower court’s restitution award to the wife for her contributions to the husband’s law practice.
James M. Zerrenner v. Bonnie S. Zerrenner (II)
The Michigan Court of Appeals reversed a lower court’s restitution award to the wife for her contributions to the husband’s law practice. The lower court’s award was based on evidence presented by the husband of her billable hours. The appellate court con ...
Jowett v. Scruggs
The issue in this case was whether the attorney was properly expelled as a shareholder.