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Can a Restaurant Have Personal Goodwill?

Can a Restaurant Have Personal Goodwill?

by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations

Brave v. Brave, 2013 Ark. App. LEXIS 570 (Oct. 2, 2013) For over 25 years, Arkansas courts recognized a tight “professional license goodwill” exception in divorce cases. It applied primarily in cases involving professional partnerships such as medical and dental...
Creditors’ Valuation Spoils Diminution in Value Claim

Creditors’ Valuation Spoils Diminution in Value Claim

by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations

In re Residential Capital, LLC, 2013 Bankr. LEXIS 4844 (Nov. 15, 2013) A recent ruling in the multifaceted Chapter 11 bankruptcy litigation of Residential Capital (ResCap) contains a noteworthy analysis of the alleged diminution in value of the collateral of junior...
Dated Valuation Not Per Se Unreliable Indicator of FMV

Dated Valuation Not Per Se Unreliable Indicator of FMV

by Royer Advisors | Dec 11, 2024 | Court Rulings, Divorce Litigation, Valuations

Sparks v. Sparks, 2013 Mo. App. LEXIS 1421 (Nov. 26, 2013) As the husband pursued a divorce, he thought it necessary to sell part of his animal hospital to comply with any upcoming equalization payment order and procured a valuation. The trial court stayed the sale...
Expert’s Disregard of ASB Guidelines Imperils Valuation

Expert’s Disregard of ASB Guidelines Imperils Valuation

by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations

Vega v. Fulcrum Energy, LLC, 2013 Tex. App. LEXIS 12323 (Oct. 3, 2013) After a partnership dispute arose, the dismissed stakeholder sued, claiming the defendants breached an agreement that required them to buy back his interest, and retained an expert to value the...
Hard Asset Value Best Captures Worth of Family Business

Hard Asset Value Best Captures Worth of Family Business

by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations

Starling v. Starling, 2013 Va. App. LEXIS 248 (Sept. 10, 2013) (slip op.) Because the trial court found neither spouse’s expert offered a convincing valuation for a family business, it opted to adopt the liquidation value the company’s CPA proposed. On appeal, the...
Harsh Words From the Court For Underperforming Experts

Harsh Words From the Court For Underperforming Experts

by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations

In re Eastman Kodak Company, 2013 Bankr. LEXIS 3325 (Aug. 15, 2013) Valuation experts who take on an engagement for which they lack the qualifications or the time risk a tongue-lashing in court, as a recent bankruptcy case demonstrates. This case highlights the...
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Recent Posts

  • A New Maine Tax Law Could Reduce Your Federal Tax Bill — Here’s What You Need to Know
  • U.S. Supreme Court Affirms Inclusion of Corporate-Owned Life Insurance in Value of Company for Estate Tax Purposes
  • Massachusetts Appellate Court Finds Double and Maybe Triple Dipping and Reverses and Remands
  • Iowa Appellate Court Affirms Date of Value and Value of Farming Operation in Shareholder Oppression Suit
  • New York Appellate Court Affirms Award of 20% of Appreciation of Business During Marriage to Wife and Awards Maintenance to Wife

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