Bennetti v. Oxford Restructuring Advisors LLC (In re Community Providers of Enrichment Services AZ Liquidating, Inc.)
Employee members of an ESOP had their claims against the debtors, based on cash option rights in an ESOP, denied. The debtors were not obligated to employees under the ESOP. The ESOP needed only to provide distributions in cash. There was no right of payment from the debtors. The U.S. Bankruptcy Appellate Panel for the 9th Circuit affirmed.
Bankruptcy Appellate Panel Denies Employee Members of ESOP Claims Against Debtors
Employee members of an ESOP had their claims against the debtors, based on cash option rights in an ESOP, denied. The debtors were not obligated to employees under the ESOP. The ESOP needed only to provide distributions in cash. There was no right of payment from the debtors. The U.S. Bankruptcy Appellate Panel for the 9th Circuit affirmed.
Cela v. Cela
The Appellate Court (AC) upheld the trial court’s decision to accept the value under the income approach adjusted for the exclusion of personal goodwill. The expert for the wife (business owner) had used the asset approach reasoning that all goodwill was personal. The trial court and the AC rejected that approach.
Appellate Court Upholds Decision to Use Income Approach and Reduce Personal Goodwill
The Appellate Court (AC) upheld the trial court’s decision to accept the value under the income approach adjusted for the exclusion of personal goodwill. The expert for the wife (business owner) had used the asset approach reasoning that all goodwill was personal. The trial court and the AC rejected that approach.
Court Validates Zero Goodwill for Naturopathic Practice
State high court affirms trial court’s determination that husband’s naturopathic practice had zero goodwill value based solely on husband’s testimony that a similar practice in the area failed to attract a buyer despite being on the market for a year.
Reedy-Huffman v. Huffman
State high court affirms trial court’s determination that husband’s naturopathic practice had zero goodwill value based solely on husband’s testimony that a similar practice in the area failed to attract a buyer despite being on the market for a year.
Court Proscribes Litigant’s Efforts to Foil Expert’s Valuation
Court admits expert’s testimony despite his failure to appear for scheduled deposition where husband’s refusal to provide necessary corporate information delayed expert’s completion of the business valuation and says any error in the opinion was “invited”
Chattree v. Chattree
Court admits expert’s testimony despite his failure to appear for scheduled deposition where husband’s refusal to provide necessary corporate information delayed expert’s completion of the business valuation and says any error in the opinion was “invited”
Court Upholds Use of Business Reference Guide in Valuing PT Practice
Appellate court upholds Business Reference Guide rules of thumb for valuing a physical therapy practice at 1.0 times gross income.
In re Marriage of Bauer
Appellate court upholds Business Reference Guide rules of thumb for valuing a physical therapy practice at 1.0 times gross income.
Management Overlay Must Be Factored Into Valuation of an Affiliated Entity
Milo Fields Trust owned minority interests in two limited liability companies (LLCs), PMB of Hackensack LLC and PMB of Union City LLC.
Milo Fields Trust v. Britz
Milo Fields Trust owned minority interests in two limited liability companies (LLCs), PMB of Hackensack, L.L.C. and PMB of Union City, L.L.C. Gary Fields (Fields) was trustee. These LLCs, along with others like them, had been formed by Jeffrey Britz, who ...
Goodwill valuation based on case law factors and methods upheld
One of the issues in this case was the value of the goodwill of WPC.
Court adopts income approach valuation but deducts personal goodwill
One of the issues in this marital dissolution was whether the trial court erred in accepting the valuations of husband’s medical practice ...
In re the Marriage of Wilson
Trial court's adoption of husband's expert's value of professional goodwill adopted because of expert's use of all five recognized valuation techniques.
Zasler v. Zasler
Appeals court affirmed the valuation of wife's expert. His valuation used capitalization of historical income (husband took no salary at the time) and commercial goodwill (he felt husband's personal goodwill shouldn't be taken into account).
Alaska medical practice has unmarketable goodwill
The primary issue was the valuation of wife's medical practice in Alaska.
Manelick v. Manelick
The primary issue was the valuation of wife's medical practice in Alaska and whether it included goodwill.
Milteer v. Milteer
At issue is the valuation of wife's nurses license.
Marital property includes nursing license and pensions
The issues raised in this appeal of the marital property distribution concerned the valuations of the wife's nursing license and the husband's pension.
Marital Dissolution
Appellate court remands trial court's valuation of wife's practical nursing license.
Morales v. Morales
At issue is the valuation of wife's nursing license.
McCoy v. McCoy
At issue is the valuation of husband's interest in a physical therapy partnership.
In re Marriage of Phillips
At isssue is the valuation of the husband's physical therapy practice.
In re Marriage of Bookout
At issue was the value of husband's physical therapist practice.