Appeals Court Upholds Trial Court Law Practice Valuation
The issue in this marital dissolution was the value of husband’s interest in a law firm.
Stageberg v. Stageberg
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.
Rhinehart v. Rhinehart
The issue in this marital dissolution was the value of husband’s interest in a law firm.
Patricia P. Hess v. Ralph C. Hess, III
The Kentucky Court of Appeals affirmed a lower court’s valuation of an interest in an emergency room medical practice. The goodwill of which was valued using the capitalization of excess earnings approach. The court rejected the use of mean average physic ...
Capitalization of Excess Earnings Method Used to Value Minority Interest in Emergency Room Practice
The Kentucky Court of Appeals affirmed a lower court’s valuation of an interest in an emergency room medical practice. The goodwill of which was valued using the capitalization of excess earnings approach. The court rejected the use of mean average physic ...
Husband fails to prove value of contingent legal fees
In this marital dissolution, wife's interest in a law firm was saddled with large amounts of debt and tax liabilities that exceeded her interest in the firm.
K v. B
In this marital dissolution, wife’s interest in a law firm was saddled with large amounts of debt and tax liabilities that exceeded her interest in the firm.
Future Earnings Not Proper in Book Value of Professional Corporation
The issue in this case was the value of the shares of an attorney’s stock in her professional corporation (law firm) at the time of her termination.
No goodwill in law practice where partner lacks experience
The issue in this marital dissolution was the value of husband’s one-third interest in a law firm.
Billable Hour Records Do Not Establish the Amount of Wife’s Contributions to Husband’s Law Practice
The Michigan Court of Appeals reversed a lower court’s restitution award to the wife for her contributions to the husband’s law practice.
James M. Zerrenner v. Bonnie S. Zerrenner (II)
The Michigan Court of Appeals reversed a lower court’s restitution award to the wife for her contributions to the husband’s law practice. The lower court’s award was based on evidence presented by the husband of her billable hours. The appellate court con ...
Jowett v. Scruggs
The issue in this case was whether the attorney was properly expelled as a shareholder.
Brumback v. Brumback
The issue in this case was the division of a law firm interest.
Accounts receivable and work-in-progress included in law firm valuation
The issue in this case was whether the trial court correctly rejected the court appointed expert’s valuation of husband’s partnership interest in his law firm.
Rubino v. Rubino
Attorney husband argues that accounts receivable and work in progress should not be valued as per partnership agreement, but judgment is affirmed.
Robert L. Schwartz v. Pamela J. Schwartz
The Michigan Court of Appeals affirmed the valuation of a capital contribution in a law practice at zero. In reaching this decision the court considered the marketability of the practice, including its dependence on the husband and the niche practice area ...
Specialized Law Firm Does Not Have Value for Distribution
The Michigan Court of Appeals affirmed the valuation of a capital contribution in a law practice at zero. In reaching this decision the court considered the marketability of the practice, including its dependence on the husband and the niche practice area ...
Discovery request quashed based on shareholder agreement
The issue in this marital dissolution was whether a shareholder agreement, signed by both husband and wife, that fixed the valuation of the husband's stock interest in the event of divorce ...
No Discounts in Indiana Fair Value Determination Absent Extraordinary Circumstances
The primary issue in this withdrawing shareholder action was the fair value of the withdrawing shareholder's interest in the law firm, Hopper & Galliher PC (H&G).
Estate of Duilio Costanza (Costanza II) v. CIR
The U.S. Court of Appeals for the Sixth Circuit determined that an intrafamily transaction involving a self-canceling installment note (SCIN) was a bona fide transaction within the meaning of IRC sec. 2001(b). In making its determination, the appellate co ...
Intrafamily Sale Determined a Bona Fide Transaction
The U.S. Court of Appeals for the 6th Circuit determined that an intrafamily transaction involving a self-canceling installment note (SCIN) was a bona fide transaction within the meaning of IRC sec. 2001(b).
Patricia Schott v. CIR (Schott II)
The U.S Court of Appeals for the Ninth Circuit reversed the Tax Court and concluded that grantor retained annuity trusts established for the life of the grantor and the life of the grantor’s spouse, if the grantor dies before the expiration of the GRAT, w ...
Interest From Dual-Life Annuity Qualifies Under Sec. 2702
the U.S. Court of Appeals for the 9th Circuit determined whether interest from grantor retained annuity trusts (GRATs) qualified as dual-life annuities for gift tax purposes.
Claims Against ESOP Fail After Expert Excluded Under Daubert
The U.S. Court of Appeals for the 8th Circuit determined that an expert report indicating a greater valuation for ESOP purposes and showing that the directors of the ESOP were overcompensated in and of itself does not create a genuine issue of material ...
Wenzel v. Hopper & Galliher, P.C.
The primary issue in this withdrawing shareholder action was the fair value of the withdrawing shareholder's interest in the law firm ...