back and change

[James Grebe]

Hi Larry,
Reading what you have begun through has told me that what I told you I have
done with my situation is not applicable to your situation.  As much as I
have tried I am sure you have also but evidently to no avail.  It sounds
like you are going to be hounded into the ground.  It is amazing to me how
much hurt can become between 2 who used to love each other.  As me , you
will have your love of your work to keep you going.  I have been told to
shut up about my stuff but I hope you will keep posting because your case is
different and can be valuable to all.

Hope you do well,
Jim
            James Grebe
R.P.T. and M.P.T.
 from St. Louis
pianoman@inlink.com
                  Creator of:
 Handsome Hardwood Caster Cups
                  and
Practical   Piano    Benches
"Tranquility Base"
E.T.A.     April, 1999
-----Original Message-----
From: Larry Fisher <larryf@pacifier.com>
To: Bdshull@AOL.COM <Bdshull@AOL.COM>
Cc: pianotech@ptg.org <pianotech@ptg.org>
Date: Thursday, February 18, 1999 12:45 PM
Subject: Re: BLUE SKY VALUE


>
>><< My soon to be ex-wife's attorney claims my business has some blue sky
>>value,
>> or good will value.  I'm curious what the rest of you have experienced
along
>> these lines.  If blue sky has value that holds up in court, how much and
for
>> how long, how is it calculated and how can it be worth anything to anyone
>> else if it's only of value to the service provider??
>>  >>
>>
>>Larry,
>>
>>Several questions come to mind.  How far along are you - recently
filed/mid-
>>pretrial, before four-way conference, or about to go to trial, or in the
thick
>>of trial?
>
>between the restraint hearing and the review hearing which happens on June
1st.
>
>  Have she and you had any successful negotiations about anything
>>since the separation, leading you to think she might, at some point,
settle on
>>all issues?
>
>She's being very persistently unreasonable about anything and everything.
>She needs to grow up and live with reality.  A major point for divorce in
>the first place.
>
>  Are you well-represented by an attorney who is at least the equal
>>of the other side - reputation, how he/she handles herself in court, etc?
>
>She's quite impressive so far.  She worded the "response" (or whatever it's
>called) in such a way that the particular restraint officer that we happen
>to "pull" would read it without getting too confused.
>
>>Does your attorney know WA state case law on the business value issues,
and
>>its stature (published, etc.) as a given case relates to you?
>
>I'm considering bringing in another "business law" attorney to handle that
>end of things.  My attorney specializes in divorce, but doesn't seem to
have
>as much knowledge on business law or "blue sky".
>
> Which one of
>>you is in the most divorce-motivated (possible leverage for the other side
to
>>negotiate a favorable settlement for themselves).
>
>We both are, at the moment, very motivated.  She has a tendency to be quite
>tight with money and so I'm hoping that in time she'll "belly up" under the
>pressure ..........  but I'm not counting on it.  I'm prepared to drop
>thousands more dollars to protect my business, my earnings, and my desire
to
>come out of this mess with SOMETHING in hand.  For every dollar she can
>prove the business is worth, that's one more dollar I don't get in equity
>and it represents one more dollar of value for the courts to consider
>spousal support with.  The equity in the house is close to $120K.  The
>liquid assets are close to 10K and if they prove that the business is worth
>100K then I could stand to gain $15K .......  but only if she has the
assets
>to pay it.  (she keeps the house, I keep the business, she pays $15K)  She
>doesn't have $15K or the credit history to finance it.  Her best shot is to
>prove that the business is worth well over it's actual value and at 100K
>.......  that's pushing it as far as I'm concerned ..... but ...... hence
>the reason for this post.  How is business value determined??  I've gotten
>quite a few responses regarding this and I've archived them for printing
>later.  Thanks to all of you.
>
>There are no children to complicate this process.  My dad, the one from the
>pratical side of the family, says to let her have the house and money and
>walk away with the business in tact.  My better instincts tell me that
maybe
>if I fight, I could end up with some cash.  It all hinges on how the courts
>figure value of a service business.  I agree that the last few years
>averaged out is the best way to go.  Some say the last 6 months.  At
present
>her lawyer wants monthy income statements for the present months .......
as
>they are finished .......  right ........ during tax season, let's get
>REAL!!!  Her lawyer is a DWEEB!!  He also is trying to claim my social
>security benifits as personal value.  She has none, I have plenty.
>
>This process is of interest to the entire group since there are some really
>good points being brought up and some day ...........  let's hope not, but
>some of you may have to deal with this in one way or another.  It also is
>putting a very bright spot light on the issue of a prenuptual agreement
>........  keep your business in tact folks.  Thar's gold diggers out thar!!
>
>Lar
>
>                                    Larry Fisher RPT
>   specialist in players, retrofits, and other complicated stuff
>      phone 360-256-2999 or email larryf@pacifier.com
>         http://www.pacifier.com/~larryf/ (revised 10/96)
>           Beau Dahnker pianos work best under water
>
>
>