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Brusach v. Brusach

In divorce case featuring veterinary practice, appeals court finds trial court did not err when it did not differentiate between personal and enterprise goodwill and trial court’s spousal support determination did not represent unlawful double dipping.

Court Declines to Set Firm Rules on Goodwill and Double Dipping

In divorce case featuring veterinary practice, appeals court finds trial court did not err when it did not differentiate between personal and enterprise goodwill and trial court’s spousal support determination did not represent unlawful double dipping.

Dated Valuation Not Per Se Unreliable Indicator of FMV

Appellate court upholds dated valuation husband’s expert performed of veterinary hospital two years prior to trial, where it informed proposed sale of minority interest in business to willing buyer and asset was not volatile; there is no “artificial cut-o ...

Sparks v. Sparks

Appellate court upholds dated valuation husband’s expert performed of veterinary hospital two years prior to trial, where it informed proposed sale of minority interest in business to willing buyer and asset was not volatile; there is no “artificial cut-o ...

Court Credits BV Expert With Better Knowledge of Fair Value Law and Replicable Analysis

Court credits more experienced BV expert with statutory fair value appraisal of company that developed animal food supplements.

California DHI, Inc. v. Erasmus

Court credits more experienced BV expert with statutory fair value appraisal of company that developed animal food supplements.

Can a ‘Skeletal’ Expert Report Comply with Federal Disclosure Rules?

Federal district court considers striking a “skeletal” expert report for failure to comply with federal disclosure rules.

Audubon Veterinary Hospital, Inc. v. U.S. Fidelity & Guarantee Co.

Federal district court considers striking a “skeletal” expert report for failure to comply with federal disclosure rules.

Not having expert puts husband in doghouse

The issue in this marital dissolution was the value of husband’s veterinary practice.

Baker v. Baker

The issue in this marital dissolution was the value of husband’s veterinary practice.

‘Personal Goodwill’ and ‘Business Enterprise Goodwill’ Must Be Excluded From the Valuation of a Professional Practice

The issue in this marital dissolution was the value of husband’s veterinarian practice, Magnolia Animal Clinic, which opened in 1987. The parties filed for divorce in 2000.

Gary Raiczyk v. Ocean County Veterinary Hospital, et al.

The U.S. Court of Appeals affirmed the decision denying reformation of closing documents prepared and signed in connection with the sale of shares in a veterinary hospital.

Goodwill not an asset in Nebraska professional corporations

One issue in this corporate dissolution case was the inclusion of goodwill in the value of the corporation.

Watson v. Watson

The issue in this case was the value of goodwill in husband's vet practice.

Detter v. Miracle Hills Animal Hospital PC (I)

Goodwill is not a marketable asset that stays with a corporation, but, rather, a nonmarketable one that leaves with a professional.

Practice goodwill calculated using excess earnings method upheld; distinguished from personal goodwill

The issues in this marital dissolution were whether the trial court erred in its valuation of husband’s veterinary clinic, Millard Veterinary Clinic (MVC ...

Excess earnings and hidden expenses properly subtracted from value

On appeal, wife challenged the trial court’s valuation of husband’s veterinary practice.

Bungard v. Bungard

On appeal the wife argues that the trial court should not have deducted certain expenses from her expert's valuation of husband's veterinary practice. At issue also is the date of valuation ...

Wright v. Wright

Wife raised issues concerning the court's valuation of a veterinary clinic, including goodwill.

In re the Marriage of Moser

At issue is the valuation of husband's veterinary practice.

Zero goodwill in veterinary practice absent noncompete agreement

In this marital dissolution case, the wife appealed the valuation of her husband's veterinary practice, claiming that the trial court incorrectly valued the goodwill of the practice at zero.

Lyle v. Lyle

Issue is whether trial court erred in valuation of partnership assets and in awarding husband a larger percentage of partnership assets.

Marion v. Marion

Issues related to valuation of husband's animal hospital are whether tax lien should have been deducted and whether goodwill should have been included.

Kimbrough v. Kimbrough

The issue in this case was the inclusion of goodwill in th valuation of a veterinarian practice.

Stevens v. Stevens

The issue in this case was the valuation of a professional veterinary degree.

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