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Wisconsin Appellate Court Affirms Purchase Price as Value of the Business in a Divorce Matter

The husband in this divorce case appealed the circuit court ruling that relied on the purchase price of the business less than a year before the valuation date. The purchase was made from the wife’s parents at a price the parents determined of $500,000, most of which was goodwill. After an initial ruling from the circuit court accepting the value less debt of the husband’s expert, the wife asked for a reconsideration. The Circuit Court granted the reconsideration and found a value of the business of $45,230. The husband appealed the reconsidered decision of the circuit court. The appellate court determined that the circuit court’s use of the purchase price was not erroneous.

Dettloff-Meyer v. Meyer

The husband in this divorce case appealed the circuit court ruling that relied on the purchase price of the business less than a year before the valuation date. The purchase was made from the wife’s parents at a price the parents determined of $500,000, most of which was goodwill. After an initial ruling from the circuit court accepting the value less debt of the husband’s expert, the wife asked for a reconsideration. The Circuit Court granted the reconsideration and found a value of the business of $45,230. The husband appealed the reconsidered decision of the circuit court. The appellate court determined that the circuit court’s use of the purchase price was not erroneous.

Due Consideration to Competitive Business Climate Lends Credence to Valuation

The Michigan Court of Appeals affirmed the use of the market approach rather than an income capitalization method to value the parties’ businesses under the facts of this case.

Davidson v. Davidson (I)

The Michigan Court of Appeals affirmed the use of the market approach rather than an income capitalization method to value the parties’ businesses under the facts of this case. The lower court found the market approach more appropriate in light of the com ...

Extra comment by trial judge not enough to reverse ruling

The issue in this marital dissolution was the value of husband’s dog breeding business.

Nebraska Supreme Court Allows Goodwill as an Asset in a Professional Corporation

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

Detter v. Miracle Hills Animal Hospital PC (II)

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

In re Marriage of Frawley

The issue in this marital dissolution was the value of husband’s dog breeding business.

Hilltop Sports, LLC v. Dawnell Stucke

The Washington Court of Appeals affirmed the trial court's award of lost profits in this breach of lease agreement case.

Lewis v. Lewis

Issue was valuation of husband's partnership interest in a boarding kennel and his interest in an animal hospital, including whether professional goodwill exclusion was properly applied.

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