Geesbreght v. Geesbreght
Texas Court of Civil Appeals
570 S.W.2d 427 (1978)
- Written by Whitney Kamerzel , JD
Facts
John Geesbreght (plaintiff) was a doctor who opened a successful and reputable medical company called Emergency Medicine, which staffed doctors at various hospitals. During John’s marriage to Mary Lee Geesbreght (defendant), John had the right to sell his stock in the company to another doctor. If John sold his shares, the new doctor had the right to retain Emergency Medicine’s contracts if the staffed doctors’ work remained satisfactory. Each hospital’s contract provided the hospital with the option to cancel if the staffed doctors’ work did not remain satisfactory. John filed for divorce from Mary Lee. The trial court valued John’s shares by their book value and did not enhance this value with the company’s goodwill. The trial court then awarded Mary Lee a share of this community property. Mary Lee appealed.
Rule of Law
Issue
Holding and Reasoning (Massey, C.J.)
What to do next…
Here's why 832,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 46,500 briefs, keyed to 994 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.
