McCabe v. McCabe
Agreement controls husband’s interest in law firm – law practice distinguished from other businesses since husband could not sell, liquidate or otherwise realize the value assigned by the trial court to his interest.
Bettinger v. Bettinger
Buy-sell agreement for medical corporation did not control the value placed by the divorce court. The agreement set artificially low values, not necessarily what would be received in a free market.
In re Keyser
Buy-sell agreement for medical corporation did not control the value placed by the divorce court. The agreement set artificially low values, not necessarily what would be received in a free market.
Drake v. Drake
Buy-sell agreement for medical corporation did not control the value placed by the divorce court. The agreement set artificially low values, not necessarily what would be received in a free market.
In Re Marriage of Gunn
Trial court properly rejected valuation by buy\sell agreement and accepted valuation of wife’s expert who averaged net-asset-value and excess-earnings methods.
In Re Marriage of Nichols
Trial court correctly valued divorcing lawyer’s interest in law firm using formula set out in shareholder’s agreement.
In Re Marriage of Kells
Error to adopt value in buy sell agreement for medical practice were value was completely arbitrary.
Harmon v. Harmon
Buy-sell agreement not controlling in determining physician’s interest in professional association. Buy-sell value can be considered along with other evidence of value.
Barton v. Barton
Value established in the buy-sell agreement of a closely-held corporation, not signed by the non-shareholder spouse, is not binding on the non-shareholder spouse, but is considered, along with other factors, in valuing the interest of the shareholder spouse.
In Re Marriage of Lewis v. Lewis
(1) Valuation of professional partnership: focus is on monetary consequence if a partner withdraws; (2) Cross-purchase agreements can be considered in determining a partnerships worth and (3) A pet boarding business is a commercial business, not a professional partnership.