Law Offices Of Greg Enos

Galveston divorce lawyer | Galveston divorce attorney | Child custody lawyers Galveston

281-333-3030

Divorce and Child Custody

  • Facebook
  • Twitter
  • Home
  • PAYMENT
  • About
    • Greg B. Enos
    • Paul Enos
    • Shandon Tonry
    • Contact Us
    • Map
    • Galveston Divorce Attorneys
  • Divorce
    • Uncontested Divorce
    • Divorce Process
    • Divorce FAQS
    • Divorce for Business Owners
    • Divorce for Physicians and Dentists
    • Property Division
    • The Family House
    • Taxes & Divorce
    • Alimony
    • Adultery
  • Custody
    • Child Custody Questions
    • Child Support
    • Custody Evaluation
    • International / Interstate Custody Disputes
    • When a Child Can Choose?
  • Mongoose
  • Blogs
  • Links
    • Links
    • Contact Us
    • Map
    • The Mongoose
    • School Districts
    • Galveston Co. Courts
    • Harris Co. Courts
  • Videos

Dec 31

A Business Owner May Testify as to the Company’s Value as a Fact Witness

Reprinted from the October 23, 2014 Mongoose newsletter. A business owner, including a shareholder of a closely held corporation, can testify as to the company's value and does not have to be designated as an expert witness. Red Sea Gaming, Inc. v. Block Investments (Nevada) Co., 338 S.W.3d 562 (Tex. App. - El Paso 2010, pet. denied) is an opinion by Justice Anne McClure, which mostly quotes cases from the Houston 14th Court of Appeals and states in part: A property owner is qualified to testify to the market value of his property. Redman Homes, Inc. v. Ivy, 920 S.W.2d 664, 669 (Tex.1996). The testimony must indicate that the owner's assessment is based on the market and not on the intrinsic value of the property to him. Jabri v. Alsayyed, 145 S.W.3d 660, 667 (Tex. App. - Houston [14th Dist.] 2004, no pet.). Most recently, the 14th Court of Appeals concluded that the property owner rule applies to corporate entities owning property and that a representative of the corporate ... Read More >

Post in: Business Valuation

Apr 28

A spouse is entitled to an offset against the value of a community property business for the value of separate property assets contributed to the business

Hooray for the attorney who cites a case from 1889 and wins!  Perhaps we all should review Schmidt v. Huppman, 11 S.W. 175 (Tex. 1889), which held “Where it satisfactorily appears, as in this case, that one spouse brought into the partnership separate funds invested in a particular business, which business was carried on and the profits arising therefrom used in creating and building up the community estate, and the separate funds are employed in the same business at the dissolution of the partnership, upon settlement with the community estate we think the spouse furnishing such separate funds is entitled to reimbursement therefore.”  At the trial of this divorce, 123 years after the Schmidt v. Huppman case was decided, the husband proved that his sole proprietor law firm on the date of marriage had $383,233.35 in accounts receivable, $175,391.70 in unbilled time for work in progress, $5,000 in furniture and fixtures, $22,003.74 in accounts payable and $95,307.40 in accrued payroll.  ... Read More >

Post in: Business Valuation, Divorce, Property Division

Recent Posts

  • Who Moves Out of the House During Divorce?
  • How to Prepare for Your First Divorce Mediation Session
  • Donors Hold Off on Donation Until Beto O’Rourke Decides to Run
  • Laudanum
  • Election 2018

Categories

  • Agreement Incident to Divorce
  • Alcoholism and Drug Addiction
  • Amicus Attorneys
  • Attorney Disqualification
  • Attorney's Fees
  • BAKER STREET BAZAAR
  • Book Review
  • Business Valuation
  • Characterization
  • Child Custody
  • Child Support
  • Community Property
  • Constitutional Rights
  • Court Appointment Abuse
  • Crimes in the courtroom
  • Criminal law and family law
  • Default
  • Discovery
  • Dismissal summary judgment
  • Divorce
  • Domestic Violence
  • Doug York
  • E-Filing
  • E-Filing and Service
  • Election 2018
  • Electronic Evidence
  • Enforcement
  • Enos Legal Directories
  • Evidence
  • First Divorce
  • Galveston County
  • Gary Polland
  • Good Judges
  • Grandparents' custody and visitation
  • Harris County
  • Hearsay
  • Illegal Evidence
  • Injunctions
  • Injury Settlements in Divorce
  • Intervention
  • Judge Alicia Franklin
  • Judge Denise Pratt
  • Judge Problems
  • Judgment Nunc Pro Tunc
  • Julia Maldonado
  • Jury Trial
  • Law firm billing
  • Local Legal News
  • Mandamus
  • Modification
  • Mongoose Blog
  • Orders entry nunc pro tunc
  • Pleadings
  • Poetry and Prose
  • Politics and elections
  • Possession and visitation
  • Property Division
  • Recusal
  • Reimbursement
  • Religion and Philosophy
  • Rules of Civil Procedure
  • Separate Property
  • Spousal Maintenance (Alimony)
  • Ted Cruz
  • Temporary Orders
  • Tracing Separate Property
  • Trial
  • trial by consent
  • TRUMP REALITY
  • Uncategorized
  • Undivided Assets
  • US Supreme Court
  • Useful forms
  • Valuation
  • Venue and Transfer
  • Visitation and Possession
  • Waste / Fraud
  • Witnesses

Archives

  • April 2022
  • April 2019
  • November 2018
  • October 2017
  • June 2017
  • April 2017
  • January 2017
  • February 2016
  • March 2015
  • January 2015
  • December 2014
  • September 2014
  • February 2014
  • January 2014
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • February 2013
    • Home
    • Blog
    • Contact Us
    • Map
    • Site Map
    facebook twitter

    17207 Feather Craft Lane, Webster, Texas 77598

    © 2013 The Enos Law Firm, PC. All rights Reserved.

    Popup Content