Family
Feb. 8, 2006
'Goodwill' Hunting Doesn't Work in Director's Divorce
Focus Column - By Mitchell A. Jacobs and David L. Marcus - The 2nd District Court of Appeal in In re Marriage of McTiernan and Dubrow , 133 Cal.App.4th 1090 (2005), took up the issue of whether the parties' community property included a movie director's professional goodwill. The court's decision not to recognize goodwill is consistent with prior California law. In unique reasoning, however, the court found that only a traditional business with assets has goodwill; a person who conducts business
Focus Column
By Mitchell A. Jacobs and
David L. Marcus
The 2nd District Court o...
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