Surgem, LLC v. Seitz
Appellate court affirms trial court’s rejection of expert opinion where expert only prepared a “calculation of value,” based on the method the client determined and without the materials necessary to opine on the “actual fair valuation” of the company.
Expert’s Valuation Method Precludes Improper Inclusion of Goodwill
In using the capitalization of earnings method to value husband’s medical practice, the wife’s expert did not improperly include personal goodwill, the appellate court finds; the valuation rested on actual earnings with some adjustment for reasonable comp ...
Court Affirms FMV Determination for S Corp Medical Practice
Appellate court affirms lower court’s Fair Market Value (FMV) determination of husband’s S Corp. medical practice, which incorporates goodwill value the wife’s expert calculated based on the Goodwill Registry.
Sharp v. Sharp
In using the capitalization of earnings method to value husband’s medical practice, the wife’s expert did not improperly include personal goodwill, the appellate court finds; the valuation rested on actual earnings with some adjustment for reasonable comp ...
Gentile v. Gentile
Appellate court affirms lower court’s Fair Market Value (FMV) determination of husband’s S corp. medical practice, which incorporates goodwill value the wife’s expert calculated based on the Goodwill Registry.
Unclear Discount of Medical Practice Value Causes Remand
Appellate court rules doctor husband who knew his expert was the only appraiser of his practice cannot blame trial court for relying on expert’s unclear discount in valuation.
Burnett v. Burnett
State Court of Appeals affirms expert’s use of excess earnings method to determine value of husband’s interest in large medical practice finding the calculation properly separated personal from enterprise goodwill.
Peltzer v. Peltzer
Appellate court rules doctor husband who knew his expert was the only appraiser of his practice cannot blame trial court for relying on expert’s unclear discount in valuation.
Duke v. Duke
Appellate court affirms $5.4 million value for business that supports emergency services department in hospitals, finding that it appropriately accounted for the risks of losing customer contracts as well as the absence of a non-compete agreement with the ...
In re Marriage of Gelman
A medical partnership’s exclusive contract to provide anesthesiology services to a hospital is an intangible asset, but since buy-sell agreement limits wife’s interest to $1.00, the court finds she has no ownership interest in the business and the contrac ...
In re Marriage of Baker
Court of Appeals affirms finding that buy-sell agreement limits spouse’s interest in medical clinic to $1,000.
Kentucky Struggles With Majority Rule to Value Goodwill in Divorce
Kentucky court finds personal goodwill value of the husband’s 25% interest in a regional anesthesiology practice to be negligible.
Accounts Receivable Supply Minimum Value for Neurosurgery Practice
Divorce court values medical practice based solely on accounts receivable, largely due to lack of evidence and cooperation from owner-spouse.
Garman v. Garman
Court rejects doctor’s claims that by departing from medical practice just before divorce, his $15,000 buy-sell payout limits practice value, crediting instead a net asset value, adjusted for routine quarterly bonuses.
Monaco v. Stewart
Kentucky court finds personal goodwill value of the husband’s 25% interest in a regional anesthesiology practice to be negligible.
Salumbides v. Salumbides
Divorce court values medical practice based solely on accounts receivable, largely due to lack of evidence and cooperation from owner-spouse.
Georgia Adopts Majority Rule on Dividing Professional Practice Goodwill in Divorce
Georgia Supreme Court adopts majority rule regarding disposition of goodwill value of professional practice.
U.S. Renal Care v. Jaafar
Texas Court reverses $750,000 jury award for value of patient account receivables for lack of reliable expert evidence, including faulty assumptions and failure to review underlying patient and payer data.
Analyzing Healthcare AR: Reviewing Underlying Patient Data Is Critical, Court Says
Texas Court reverses $750,000 jury award for value of patient account receivables for lack of reliable expert evidence, including faulty assumptions and failure to review underlying patient and payer data.
Miller v. Miller
Georgia Supreme Court adopts majority rule regarding disposition of goodwill value of professional practice.
Critique of Opponent’s Report Boosts Credibility of Expert’s Medical Practice Valuation
Trial court appropriately values three rural medical practices and imaging center at $780,000 based on expert testimony that includes marketability discount and excludes professional goodwill.
By Withholding From the Wife’s Expert, Husband Ends Up Hurting His Own
Appellate court upholds $553,000 valuation for medical practice based on trial court’s finding that by withholding financial information from wife’s expert, husband ended up discrediting his own expert’s valuation.
Hissa v. Hissa (II)
Appellate court upholds $553,000 valuation for medical practice based on trial court’s finding that by withholding financial information from wife’s expert, husband ended up discrediting his own expert’s valuation.
Divorce Court Confirms Method, Data to Calculate Goodwill in Med. Practice
Kentucky appellate court remands case for consideration of enterprise versus personal goodwill components in a medical practice, pursuant to just-passed case that conforms with majority rule on the division of professional practice goodwill in divorce.
Gupta v. Gupta
Trial court appropriately values three rural medical practices and imaging center at $780,000 based on expert testimony that includes marketability discount and excludes professional goodwill.