Category Archives: Goodwill – Wisconsin Cases

McReath v. McReath

When valuing a business interest, a circuit court shall include the value of the salable professional goodwill attendant to the business interest.

Year: 2011 | State: WI

In Re Marriage of Sommerfield

Valuation of husband’s accounting business reversed – goodwill of a going concern can be a marketable asset.

Year: 1990 | State: WI

In Re Marriage of Hauge v. Hauge

Where husband’s own expert testified to value of goodwill, court need not decide whether a sole dental practice is distinct from a large law firm as in Holbrook.

Year: 1988 | State: WI

In Re Marriage of Lewis v. Lewis

Because boarding kennel is a commercial business, it is not subject to Holbrook. Trial court may use entire amount set out in cross-purchase agreement to set value, including compensation for professional goodwill.

Year: 1983 | State: WI

Holbrook v. Holbrook

The trial court erred in determining that the marital estate included the goodwill value of John’s partnership. Like an educational degree, a partner’s theoretical share of a law firm’s goodwill cannot be exchanged on an open market.

Year: 1981 | State: WI

Spheeris v. Spheeris

Trial court’s determination of goodwill predicated on annual average income before taxes was erroneous. Computation of goodwill should be based on income after taxes, not before.

Year: 1967 | State: WI