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Caught in the Middle

By John R. Johnson
March 30, 2006

Part One of a Two-Part Article

Having served as a financial and valuation expert in matrimonial proceedings for over 25 years, I, along with other veteran practitioners, have witnessed a fast-paced evolution of matrimonial litigation since the adoption of the concept of equitable distribution. Aside from the issues of fault, parenting and spousal and child support, the valuation of professional practices, closely held business and enhanced earnings, have been a major focus in numerous matrimonial cases. In many situations, a battle of the experts ensues over valuation issues, resulting in significant cost to the parties, and greater inevitability of trial. Judges are confronted with hearing and trying to understand the testimony of the experts and are left with the unenviable task of deciding between the opposing opinions based on issues of credibility and economic soundness.

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