Buy-Sell Held Controlling Where Wife Signed
September 4, 2009
A business owner's spouse who signed a buy-sell agreement was bound by the value in a divorce action....
Archives
Three Signs of Enterprise Goodwill in Professional Practices
August 13, 2009
How do you know whether a professional practice (e.g., medical practice, dental practice, law firm or accounting firm) might have value that can be divided in a a divorce? Here are three signs that a professional practice...
Executive Compensation: Excessive Salary or Disguised Dividend?
August 10, 2009
The Seventh Circuit held that the salary earned by a CEO of a privately-held business (including a $17 million year-end bonus) was neither excessive nor a disguised dividend....
Goodwill – NYT Definition
July 29, 2009
The NYT defined goodwill as "the amount they overpaid for a business compared with the sum of its parts."...
Excess Earnings Method: Higher Cap Rate?
June 25, 2009
When you're using excess earnings, perhaps your cap rate has to be larger, and sometimes significantly higher, in valuing the intangible assets....