Diagnostic Imaging Centers
This U.S. industry comprises establishments known as diagnostic imaging centers primarily engaged in producing images of the patient generally on referral from a health practitioner.
Cronan v. Cronan
This case concerned an appeal of a family court magistrate’s decision as to the value of marital assets and the distribution thereof and denial of alimony to the wife. The plaintiff, the husband, is a physician shareholder in a medical imaging practice. The practice had a shareholder agreement that provided for the price to buy into and sell out of the practice. The wife’s expert determined the value of the husband’s shares under the fair market value standard but the trial court and supreme court went with the agreement value.
Rhode Island Supreme Court Affirms Value of Interest in Medical Practice Per Shareholder Agreement and Equitable Distribution of Assets
This case concerned an appeal of a family court magistrate’s decision as to the value of marital assets and the distribution thereof and denial of alimony to the wife. The plaintiff, the husband, is a physician shareholder in a medical imaging practice. The practice had a shareholder agreement that provided for the price to buy into and sell out of the practice. The wife’s expert determined the value of the husband’s shares under the fair market value standard but the trial court and supreme court went with the agreement value.
Harrison v. Envision Mgmt. Holding, Inc.
The U.S. District Court (Colorado) denied a motion to compel arbitration the defendants brought in a case the plaintiff participants brought (a purported class action) in an ESOP the defendant company, et al. established. “The Plaintiff argues that the Defendants’ actions related to the sale caused him and all other ESOP participants to suffer significant losses to their ESOP retirement savings.” The court denied the motion.
U.S. District Court Denies Motion of Defendants in an ESOP Case to Compel Plaintiff Into Arbitration
The U.S. District Court (Colorado) denied a motion to compel arbitration the defendants brought in a case the plaintiff participants brought (a purported class action) in an ESOP the defendant company, et al. established. “The Plaintiff argues that the Defendants’ actions related to the sale caused him and all other ESOP participants to suffer significant losses to their ESOP retirement savings.” The court denied the motion.
Imaging Centers: Developing a Value
Due to recent actions in the health insurance market, as well as continued increasing regulatory initiatives and consolidation and integration in the healthcare delivery system, imaging center transactions continue to be in play. Trends in the healthcare economy are leading to alliances with, and acquisitions of, imaging centers by a variety of suitors. Things have changed. Valuation challenges abound, requiring the professional valuator to be able to demonstrate a strong understanding of the factors of ...
Usurped Opportunity Case Justifies Use of Defendant’s Profits
Appeals court validates expert’s use of defendant’s net profits as measure of damages in usurped business opportunity case; hypothesizing a facility that the plaintiff could have had and the profits it might made in competition “would not make sense.”
St. Alphonsus Diversified Care, Inc. v. MRI Associates, LLP
Appeals court validates expert’s use of defendant’s net profits as measure of damages in usurped business opportunity case; hypothesizing a facility that the plaintiff could have had and the profits it might made in competition “would not make sense.”
Valuing Damages for Breach of Oral Contract Poses Problems
Federal district court limits expert calculation of damages for breach of oral contract to the terms of the alleged agreement and bars testimony based on any written offers or industry practice.
Kia v. Imaging Sciences International
Federal district court limits expert calculation of damages for breach of oral contract to the terms of the alleged agreement and bars testimony based on any written offers or industry practice.
Divorce Court Accepts Double-Dipping Argument From BV Analyst
Expert successfully uses “double-dipping” argument to persuade court to adopt reasonable compensation figure for determining maintenance.
In re Marriage of Porter
Expert successfully uses “double-dipping” argument to persuade court to adopt reasonable compensation figure for determining maintenance.
Must-Read Opinion From Chancery Court on Tax Affecting, DCF Discounts, and More
“Must-read” opinion from Delaware Chancery Court on tax affecting, DCF discounts, and more.
Delaware Open MRI Radiology Associates, P.A. v. Kessler, et al.
“Must-read” opinion from Delaware Chancery Court on tax affecting, DCF discounts, and more ...
Southern Colorado MRI, Ltd. v. Med-Alliance, Inc.
The U.S Court of Appeals for the 10th Circuit reversed the lower court's calculation of damages stemming from a breach of contract to purchase a MRI clinic.