Appraiser Provides Accurate Measure of Debt-Ridden CPA Firm in Divorce
Court values accounting practice as a partnership, when it is a corporation "in name only."
Scott v. Scott
Court values accounting practice as a partnership, when it is a corporation "in name only."
Company Found to be Solvent Prior to Bankruptcy
The U.S. Court of Appeals for the Ninth Circuit affirmed the lower court's solvency determination. It found that the company operating as a Debtor-in-Possession for two years after filing Chapter 11. It additionally affirmed the lower court's valuation ...
Interest Awarded on Equalization Payment
The Iowa Court of Appeals reversed the lower court’s decision not to award interest on the equalization payment resulting from the valuation and distribution of a pest control business. The appellate court determined that to allow the husband to use the w ...
In re Dak Industries, Incorporated: Edward M. Wolkowitz v. American Research Corporation, et al.
The U.S. Court of Appeals for the Ninth Circuit affirmed the lower court's solvency determination. It found that the company operating as a Debtor-in-Possession for two years after filing Chapter 11. It additionally affirmed the lower court's valuation ...
In re the Marriage of Charlene J. Price v. Michael R. Price
The Iowa Court of Appeals reversed the lower court’s decision not to award interest on the equalization payment resulting from the valuation and distribution of a pest control business. The appellate court determined that to allow the husband to use the w ...
Unlike Marriages, Stipulations on Valuation Issues Are Hard to Undo
Court upholds stipulation of valuation date (and valuation which adheres to it) when both parties had legal representation and reasonable access to all relevant facts.
In re the Marriage of Harrod
The California Court of Appeals for the Sixth District considered several issues involving the valuation of a closely held real estate developer.
Louisiana clarifies professional practice goodwill valuation
In this marital dissolution, the issue was the value of wife’s interest in her CPA practice (CPA practice) and the value of the couple’s funeral home (Gill LLC) that was operated by husband.
Gill v. Gill
In this marital dissolution, the issue was the value of wife’s interest in her CPA practice (CPA practice) and the value of the couple’s funeral home (Gill LLC) that was operated by husband.
Balance Sheet Dated Two Months After Shareholder Withdrawal Not Evidence of Fair Value on Date of Withdrawal
The issue in this case was whether the trial court erred in determining the value of a 50% shareholder interest in a professional corporation on the date the shareholder withdrew from the corporation.
Spivey v. Page
This appeal involves a question of valuation of the shares of a withdrawing shareholder from a professional corporation. We reverse the trial court’s determination that the shares had no value and hold that the valuation should have been made as of the ...
Practice Goodwill Is Marital Asset; Tax Consequences Best Considered in Equalizing Judgment
The primary issues in this marital dissolution were the value of husband’s 50% interest in his accounting firm ...
Seiler v. Seiler
Issue is whether speculative tax consequences are an element of valuing an ongoing business, in this case an accounting practice.
Acceptance of one expert's valuation upheld
The trial courts valuation of the husbands stock consistent with the testimony of the husbands valuation expert was upheld.
In re the Marriage of Page
Wife contends that the trial court erred in denying her motion to disqualify husband's expert. Court disagrees.
Court values and distributes partner's interest in enterprise goodwill of Ernst & Young
One of the issues in this marital dissolution was the value of the husband's partnership interest in the accounting firm of Ernst & Young ("E&Y"), including his interest ...
Fishman v. Fishman
The issue in this case was whether husband's interest in Zelenkofske Axelrod Consulting , was a marital asset.
Bobrow v. Bobrow
One of the issues in this marital dissolution was the value of the husband's partnership interest in the accounting firm of Ernst & Young ("E&Y").
Fishman v. Fishman
The issue in this case was whether husband's interest in Zelenkofske Axelrod Consulting, was a marital asset.
Andrea Cipriano v. CIR
The Tax Court considered whether payments received from a former spouse were includible in the petitioner’s gross income under IRC sec. 61. She argued that the payments were excludable under IRC sec. 1041, because they were for the future appreciation of ...
Stewart v. Stewart
At issue is the valuation of husband's partnership interest in an accounting firm.
Valuation of Partnership Interest in West Virginia Must Consider Partnership Obligations
The valuation issue in this marital property distribution appeal concerned the husband's partnership interest in his accounting firm. The trial court valued his interest at $200,000 and requ ...
Zoldan v. Zoldan
At issue is the credibility of the expert witnesses as to the value of husband's accounting business.
Zoldan v. Zoldan
The issue in the case is whether the trial court abused its discretion by accepting the testimony of one expert witness over another. The trial court accepted the testimony of the appellee's ...