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Business Valuation
COBANE V. COBANE   In a dissolution of marriage proceeding with complex assets, Husband appealed on a variety of asset classification, valuation, and division issues.  
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Gaskill v. Robbins 2010-CA-001814-MR http://opinions.kycourts.net/coa/2010-CA-001814.pdf Published:  Affirming County: Warren Wife appealed FC’s Findings of Fact, Conclusions of Law, and Judgment regarding valuation and distribution of her oral surgery practice in dissolution proceedings, on remand from appellate court. FACTUAL AND PROCEDURAL BACKGROUND:
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Cabinet for Health and Family Services, el al v. Ivy, extent of child support and arrearages to be paid by non-custodial parent receiving only SSI benefits. Keifer v. Keifer, oral findings are insufficient to support order modifying parenting time, written findings of fact are required. Digests to folow.
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Here is the final opinion, which was not modified.
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The landmark goodwill case in divorce business valuations, Gaskill v. Robbins, rendered February 19, 2009 is not yet final. A petition for rehearing is pending.
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GASKILL V. ROBBINS DIVISION OF MARITAL PROPERTY, GOODWILL 2007-SC-000190-DGE PUBLISHED: AFFIRMED PANEL: NOBLE PRESIDING; CUNNINGHAM, SCHRODER, VENTERS AND SCOTT CONCUR; ABRAMSON CONCURS IN PART AND DISSENTS IN PART COUNTY: WARREN DATE RENDERED: 2/13/2009 SC considered whether the goodwill of a closely held or sole proprietorship business can have both personal and enterprise values, and whether...
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Kentucky finally joins the majority in distinguishing between personal and enterprise goodwill in business valuations. Court also cannot factor in a non-existent non-compete agreement to enhance a professional practice valuation. It’s about time! Gaskill v. Robbins, online here. Digest to follow.
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Chase College of Law has now posted the briefs in Gaskill v. Robbins, to be argued before the Kentucky Supreme Court June 11, 2008. Appellant’s Brief Appellee’s Brief
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Having access to case status throughout the pipeline is enabling lawyers to be better advocates. How? Well, if you represent a physician, do you think you want to try that case before Gaskill v. Robbins is decided? And, if you must mediate or try your case before then, perhaps the oral arguments may help you...
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