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Schmidt v. Schmidt
Appeals court overturns valuation, finding trial court mistakenly accepted valuation that assumed and required noncompete from owner spouse without expert’s calculating value assuming no noncompete; valuation still includes personal goodwill component that must be excised, appeals court says.
Value of CEO Noncompete Helps Court Determine Fairness of Class-Action Settlement
Court considers value of CEO noncompete to determine fairness of class-action settlement.
In Re Luxottica Group, S.P.A. Securities Litigation
Court considers value of CEO non-compete to determine fairness of class-action settlement.