LEVY v. LEVY


164 N.J. Super. 542 (1978)

397 A.2d 374

ANCY LEVY, PLAINTIFF, v. IRA LEVY, DEFENDANT.

Superior Court of New Jersey, Chancery Division.

Decided December 6, 1978.


Attorney(s) appearing for the Case

Mr. Irving J. Soloway for plaintiff.

Mr. Michael M. Rosenbaum for defendant (Messrs. Budd, Larner, Kent, Picillo & Rosenbaum, attorneys).


O'NEIL, J.C.C. (temporarily assigned).

When a going business enterprise is being appraised in marital litigation to determine the appropriate equitable distribution, an issue arises whether there is an intangible asset of good will to be evaluated. However, in recent marital litigation instances have multiplied where witnesses appearing to have expertise project widely differing values, based on differing theories of the nature of good will or at times without any...

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