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Howell v. Howell (II)

At issue is whether the trial court erred in valuing husband's interest in his law firm.

Evidence presented at trial determines result

LK comment: We reported on the trial court opinion in this case in the April 1999 issue, and published comments by expert Robert P. Raymond in the June 1999 issue.

Jeffries v. Mills

Malpractice action against defendant claiming that he was negligent when he failed to object to the sale of plaintiff's stock by the Trustee in her bankruptcy.

Corporation Without Assets May Not Necessarily Have Zero Value

The plaintiff in this legal malpractice action had hired defendant to represent her in a bankruptcy proceeding.

Everen Securities, Inc. v. A.G. Edwards and Sons, Inc., et al.

The Illinois Court of Appeals, 3rd District, affirmed the award of lost profits based a valuation of the company using the discounted lost profits method in this breach of fiduciary duty case. The firm was crippled after its vice president left Everen fo ...

Discounted Lost Profits Method Used to Calculate Damage Award

The Illinois Court of Appeals, 3rd District, affirmed the award of lost profits based a valuation of the company using the discounted lost profits method in this breach of fiduciary duty case.

Insurance Proceeds Not an Asset

Robert Cartwright was the majority shareholder, primary rainmaker, and driving force behind the law firm of Cartwright, Slobodin, Bokelman, Borowsky, Wartnick, Moore & Harris Inc. (CSB).

Estate of Cartwright v. Commissioner (II)

At issue is the valuation of the deceased's share of stock in a law firm in which he was the majority shareholder.

Stockholders' Agreement Controls Character of Insurance Proceeds

Robert E. Cartwright was the majority shareholder, primary rainmaker, and driving force behind the law firm of Cartwright, Slobodin, Bokelman, Borowsky, Wartnick, Moore & Harris Inc. (CSB).

Work in Progress Should Be Considered When Valuing a Law Firm

The 9th Circuit Court of Appeals affirmed and reversed a Tax Court decision, valuing stock in a law practice.

Attorney Grievance Commission of Maryland v. Shaw

AT issue is whether an attorney who researches stocks for a disabled person's estate is engaged in the practice of law.

Attorney Can Be Disciplined for Conduct While Not Practicing Law

The two issues that arose in this matter of attorney discipline were: "whether an attorney who researches stock for a disabled person's estate is engaged in the practice of law" and "under what circumstances any attorney may be disciplined for violations of the Rules of Professional Conduct, occurring while not practicing law."

James Bopp, Jr., et al. v. Arnold H. Brames, et al.

The Indiana Court of Appeals affirmed the lower court's calculation of the amount due to a dissolved law partnership by a former partner from the proceeds of a contingency fee case. The lower court calculated the amount due by determining the build-up va ...

Dissolved Law Firm’s Buildup Value in a Contingency Case Tied to Attorney Hours

The Indiana Court of Appeals affirmed the lower court's calculation of the amount due to a dissolved law partnership by a former partner from the proceeds of a contingency fee case.

Goodwill included in Virginia law firm partnership valuation

This case is confusing to read because there are mixed, and sometimes seemingly contradictory, references to both the appropriate standard of value and the valuation methodologies used by the respective appraisers.

Grunfeld v. Grunfeld

At issue is the valuation and distribution of the value of a spouse's professional license and professional practice.

Double counting figures in valuing husband's law firm partnership, license

The main issue in this marital dissolution is the valuation and distribution of husband's partnership interest in his law firm, and his professional license.

In re Marriage of Eisenhuth

At issue is the valuation of the marital property.

Appeals Court Affirms Trial Court’s Division of Assets

The Court of Appeals held that the trial court properly based its valuation and division of property upon wife's testimony and financial affidavit.

Connecticut Supreme Court Reverses $15 Million Award Because of Insufficient Damages Evidence

The Supreme Court of Connecticut has overturned a 1997 malpractice decision by the state's Superior Court (BVU, March 1997, p. 9) which awarded more than $15 million in malpractice damages to the plaintiffs.

Howell v. Howell (I)

At issue is the valuation of the goodwill of husband's law partnership interest.

Freeman W. Barner, Jr. v. Julia P. Barner

The Florida Court of Appeals, Fourth District reversed the lower court's decision to included the husband's future earning ability and the future earning ability of wife's timberland as marital assets. The court ruled that future earning ability of a non ...

Bifurcation of Future Earning Ability and Ownership of Assets Improper

The Florida Court of Appeals, Fourth District reversed the lower court's decision to included the husband's future earning ability and the future earning ability of wife's timberland as marital assets.

Partnership Agreement's Ambiguity Enters Into Business Valuation

Appellant (Farley) alleges that a partnership agreement was ambiguous and entitled the partner to the "book value" of the partnership interest.

Farley v. Klaus, Smith & Ressling

At issue is whether a partnership agreement is ambiguous, if it requires a cash basis method of accounting and entitles an expelled partner to the "book value" of the partnership interest as determined by a complete inventory and accounting.

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