Focus (Forum & Focus)
Jan. 3, 2009
Goodwill Hunting
A recent appellate decision confirmed that developers of raw land cannot recover anticipated future development profits by characterizing those profits as goodwill losses, write Bradford B. Kuhn, K. Erik Friess and Rick E. Rayl. - Focus Column
FOCUS COLUMN
By Bradford B. Kuhn, K. Erik Friess and Rick E. Rayl After years of little attention, business goodwill recently seems to be a hot topic for the appellate courts. Cases such as Redevelopment Agency of the City of San Diego v. Mesdaq, 154 Cal.App.4th 1111 (2007), and Inglewood Redevelopment Agency v. Aklilu, 153 Cal.App.4th 1095 (2007), have received considerable attention in the past few years. Mesdaq, which rece...For only $95 a month (the price of 2 article purchases)
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