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Brave v. Brave (I)

State appellate court finds “professional license goodwill” exception, which treats personal goodwill as professional spouse’s separate property, applies to “unique,” successful restaurant and directs trial court to determine how much of the business’s go ...

Schmidt v. Schmidt

Appeals court overturns valuation, finding trial court mistakenly accepted valuation that assumed and required noncompete from owner spouse without expert’s calculating value assuming no noncompete; valuation still includes personal goodwill component that must be excised, appeals court says.

Updates added to personal v. enterprise goodwill guide

Failure to distinguish between personal and professional goodwill leads to affirmance

One of the issues in this marital dissolution was the value of husband’s dental practice.

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.

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.

Geaccone v. Geaccone

One of the issues in this marital dissolution was the value of husband's dental practice.

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.

Schneider v. Schneider

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.

Becker v. Perkins-Becker

At issue is the admittance of expert testimony.

West Virginia Joins Majority in Distinguishing Between Personal and Enterprise Goodwill

One of the primary issues in this marital dissolution was the valuation of husband’s dental practice.

Court adopts income approach valuation but deducts personal goodwill

One of the issues in this marital dissolution was whether the trial court erred in accepting the valuations of husband’s medical practice ...

Single customer relationship results in zero value

Trial court did not err in adopting zero valuation where appraiser considered nature of trucking company and that its revenue was from a single customer.

May v. May

At issue in this case is the nature of husband's practice goodwill. Testimony by both experts at trial established the goodwill as "personal."

Parties failed to distinguish personal and practice goodwill

Wife’s expert, Richard Schwartz, testified that the fair market values of ADC and Gastro were $911,200 and $1,477,000, respectively,Husband was a gastroenterologist who owned a clinic ...

No Distinction Between Types of Goodwill

n the December 2002 issue of the BVU we abstracted the Mississippi Supreme Court opinion in this case.

Zasler v. Zasler

Appeals court affirmed the valuation of wife's expert. His valuation used capitalization of historical income (husband took no salary at the time) and commercial goodwill (he felt husband's personal goodwill shouldn't be taken into account).

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