In re Marriage of Restaino
Court of Appeals reverses the trial court’s finding that pay-outs under a law firm dissolution agreement represented income to the husband rather than his equity share in a community asset, to which the wife could claim a portion.
In re Marriage of Kingery
In valuing the husband’s 25% interest in a law firm, the trial court erroneously accepted a valuation that included a “purchase acquisition cost” or “goodwill cost” derived from a buy-out of a former partner.
Lawyers Try Hard to Argue Their Firm Has No Goodwill Value
Appellate court affirms goodwill value of a dissociated law partner’s interest in a well-established public defense firm under the capitalization of excess earnings method.
‘Constructive Liquidation’ Applied to Law Firm and Contingency Fee Valuation
California Court of Appeals construes “liquidation value” of law firm under partnership buyout statute to require a “construct” of selling assets over time at fair market value, discounted to present value as of the dissociation date.
Dixon v. Crawford, McGilliard, Peterson & Yelish
Appellate court affirms goodwill value of a dissociated law partner’s interest in a well-established public defense firm under the capitalization of excess earnings method.
In re Marriage of Jackson
Court finds no appreciable value in husband's law practice, reversing trial court's improper characterization of cash account as asset instead of income.
Rappaport v. Gelfand
California Court of Appeals construes “liquidation value” of law firm under partnership buyout statute to require a “construct” of selling assets over time at fair market value, discounted to present value as of the dissociation date.
Court Avoids Danger of Double Dip When No Claim for Alimony
Appellate court permits valuation of professional’s earning capacity (goodwill) in appraisal of small law practice when there was no child or spousal support at issue.
Standard of Value Controls Discovery in Divorce Case
Court of Appeals overturns trial court’s order limiting discovery of law firm records to production of buy-sell agreement, finding the applicable “fair value” standard requires production of all relevant pricing information in divorce.
Court Analyzes Appropriate Earnings Period to Use in Valuation of Law Practice
Divorce court considers proper period of earnings to estimate goodwill value of law practice under excess earnings approach.
In re Marriage of Barten
Appellate court permits valuation of professional’s earning capacity (goodwill) in appraisal of small law practice when there was no child or spousal support at issue.
Hartley v. Hartley
Court of Appeals overturns trial court’s order limiting discovery of law firm records to production of buy-sell agreement, finding the applicable “fair value” standard requires production of all relevant pricing information in divorce.
In re Marriage of Ross
Divorce court considers proper period of earnings to estimate goodwill value of law practice under excess earnings approach.
Ten Steps to Valuing Law Firm Contingency Cases (and Goodwill)
Hawai’i court confirms majority rule regarding disposition of professional/enterprise goodwill and joins majority rule regarding valuation of contingency fee cases, with some adjustment.
Weinberg v. Dickson-Weinberg
Hawai’i court confirms majority rule regarding disposition of professional/enterprise goodwill and joins majority rule regarding valuation of contingency fee cases, with some adjustment.
Fleischmann v. Fleischmann
This action for divorce was commenced on January 23, 2006.
More Credible Expert ‘Wins’ Million-Dollar Lawyer Divorce
Divorce court considers combined discounts for lack of marketability and control for husband’s interest in real estate and manufacturing concern.
Valuing a Law Firm, Commercial Goodwill, and Contingency Fee Cases
Court considers difference between professional/commercial goodwill in valuing plaintiff’s litigation law firm with large, contingency fee work.
In re Marriage of Heroy
Divorce court considers combined discounts for lack of marketability and control for husband’s interest in real estate and manufacturing concern.
Von Hohn v. Von Hohn
Court considers difference between professional/commercial goodwill in valuing plaintiff’s litigation law firm with large, contingency fee work.
Separate Property “Loan” Is Gift to the Marital Community
The Illinois Court of Appeals determined that the wife’s separate property transferred to the husband’s separate property business during the marriage and included on the business’ financials as a loan was a gift to the community. It found that the transf ...
Purpose of Value Indicator Considered
The Wisconsin Court of Appeals, District III affirmed the lower court's finding that the parties' sawmill business had no value. The lower court found that the saw mill was unmarketable and provided a minimal (3%) return on investment. The court rejecte ...
In re the Marriage of Gail W. Didier v. Martin W. Didier
The Illinois Court of Appeals determined that the wife’s separate property transferred to the husband’s separate property business during the marriage and included on the business’ financials as a loan was a gift to the community. It found that the transf ...
In re the Marriage of: Roger R. Bjork v. Carol Bjork
The Wisconsin Court of Appeals, District III affirmed the lower court's finding that the parties' sawmill business had no value. The lower court found that the saw mill was unmarketable and provided a minimal (3%) return on investment. The court rejecte ...
Court Rejects 'Historical Average Income Approach' to Valuing Contingency Fees
In this marital dissolution case, the trial court determined that husband’s right to contingency fees from his legal practice, obtained before the valuation date, were marital assets.