Pellom v. Pellom – When little things mean a lot
Abstract: When one couple decided to divorce, the husband wasn’t happy when the court accepted his wife’s expert’s valuation of his share in an anesthesiology practice at $1.2 million. His own expert had arrived at a figure of $183,000. On appeal, the husband raised several technical objections, which were ultimately rejected. It appears the primary reason for the discrepancy between the two experts’ valuations was the husband’s expert’s failure to account for the practice’s goodwill.