Gaydos v. Gaydos

FORD ELLIOTT, Judge.

Edward Gaydos (“Husband”) appeals and Martha Gaydos (“Wife”) cross-appeals from the October 6, 1994, final decree of equitable distribution in this divorce action. This case was certified for en banc review to address what distinction exists between goodwill and going concern value in the context of valuing a sole proprietorship for equitable distribution purposes.

The relevant facts and procedural history of this case are as follows. The parties were married on September 7, 1957. Four children were born of their marriage: three are adults, and one is deceased. Husband and…