Opinion · Supreme Court of North Carolina
Poore v. Poore
314 N.C. 543
- Type
- Opinion
- Court
- Supreme Court of North Carolina
- Jurisdiction
- North Carolina
- Date
- 1985-09-19
- Topic
- general
stating that, when valuing a professional practice, a court may consider "(a) its fixed assets including cash, furniture, equipment, and other supplies; (b) its other assets including accounts receivable and the value of work in progress; (c) its goodwill, if any; and (d) its liabilities" | “[G]iving the statutory language its natural and ordinary meaning, the Wage and Hour Act requires an employer…to pay those wages and benefits due when the employee has actually performed the work required to earn them.” | good will must be considered and valued in determining value of professional practice for equitable distribution | good will must be considered and valued in determining value of professional practice for equitable distribution | solely-owned professional association engaged in dental practice | solely-owned professional association engaged in dental practice | regarding the valuation of a business
Citator
- Cited by
- 29 opinions
Susan M. POORE
v.
Frank Jefferson POORE.
No. 463P85.
Supreme Court of North Carolina.
September 19, 1985.*317 Brinkley, Walser, MeGirt, Miller, Smith & Coles, Lexington, for defendant.
Curtis, Millsaps & Chesson, Charlotte, for plaintiff.
Defendant's petition for discretionary review under G.S. § 7A-31. Denied.