Combining valuation methods is not erroneous
In determining whether a legal malpractice claim involving a marital dissolution action would have succeeded on appeal, the district court had ruled that the trial court’s valuation of husband’s business was not erroneous, and husband appealed.
Sufficient evidence must support valuation date
In this marital dissolution case, the issue was the appropriate valuation date for the parties’ 85 operating entities, which, in turn, owned more than 100 residential rental real estate properties.
Marketability discount may be applied where there is no impending sale but is within court’s discretion
The valuation issues in this marital dissolution were whether a discount for lack of marketability should have been applied to husband’s minority interests in two medical-practice businesses, and whether a buy-sell provision in a third business was determinative of that business's fair market value.
Enterprise Goodwill Disallowed If Based on Nonsolicitation Agreement
The issue in this marital dissolution case was whether the trial court correctly included enterprise goodwill in valuing husband’s insurance agency, Joseph Held Co.
Different Income Valuations May Be Used to Determine Equitable Distribution and Alimony, Provided They Are Fair and Statutorily Compliant
The main issue in this marital dissolution case was whether in setting an award of alimony and in establishing equitable distribution in respect of a closely held corporation, the same income determination must be used.
No Earlier Valuation Date Where No Evidence of Extraordinary Effort; Capitalization of Historical Earnings OK for Business Operating One Year
In this marital dissolution, there were two main issues: the correct valuation date of husband’s interest in Washford Enterprises, a group home, and whether wife’s expert, William Dacey, correctly applied the income approach.
Held v. Held
The issue in this marital dissolution case was whether the trial court correctly disallowed enterprise goodwill in valuing husband's insurance agency, Joseph Held Company.
Stock restriction agreement is not determinative of value for equitable distribution
One of the issues in this marital dissolution was the value of husband’s 1000 shares of nonvoting stock in the Sanger Clinic, P.A., where he was a senior partner.
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.
Schiro v. Schiro
Determination of reasonable compensation in valuation of private practice (dental) in dissolution case ...
Oral Surgeon’s Post-Divorce Reduction in Hours Worked Considered
The Michigan Court of Appeals affirmed the valuation of an interest in an oral surgery practice as a going concern where the goodwill value was computed based on the number of hours the professional performed procedures. Further, the court adopted the ass ...
Geaccone v. Geaccone
One of the issues in this marital dissolution was the value of husband's dental practice.
Book value acceptable where other factors have been considered
In this marital dissolution, one of the issues was the correct valuation of husband’s family trucking business, comprised of three companies.
Appellate court presented with incomplete record has no choice but to affirm
At issue in this marital dissolution case was the value of husband’s security software company, AnnaZach Software.
Lazarachic v. Lazarachic
One of the issues in this marital dissolution was the value of Mid-Atlantic Resources stock, which the parties initially had stipulated was worth $78,000.
In re the Marriage of Krug
In this marital dissolution, the trial court adopted the valuation of husband's expert, Ronald Brien, who valued the paries' plumbing business at $45,000.
Gomez v. Gomez
A major point of contention between the parties in this marital dissolution was the value of husband's radiology practice.
Gohl v. Gohl
One of the issues in this marital dissolution was the appropriate valuation date for valuing the couples' business, Golight, Inc., which had won a patent infringement suit against Wal-Mart Stores, Inc.
In re Marriage of Gerhard
One of the issues in this marital dissolution was the value of husband's bar, Knicker's Saloon.
Appeals court rejects trial court’s “splitting the difference”
The issue in this marital dissolution was the value of husband’s medical practice.
Husband’s earlier sale valuation damages his later divorce valuation
At issue in this marital dissolution appeal was the value of husband’s medical practice.
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.
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.
Personal Goodwill Excluded, Accounts Receivable Included in Professional Practice in Illinois Marital Dissolution Case
The issue in this marital dissolution was the value of husband’s dental practice and whether personal goodwill and accounts receivable should be included in that value.
Young v. Young
One of the issues in this marital dissolution was the value of husband's sole proprietorship interest in Sun Shak Tans, a tanning salon.