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
335 S.E.2d 316 (1985) 314 N.C. 543

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.