CPE events

BVWireIssue #144-2
September 17, 2014

A new structure for valuing private minority interests, ESOP valuation developments, and common traps of valuing physician practices are the topics of upcoming webinars.

Time to Abandon Discounted NAV? Why the Income Approach Should Be the Cornerstone for Valuing All Private Minority Interests (September 18), featuring Eric Nath (Eric Nath & Associates). In this webinar, expert Nath will systematically dismantle the conventional wisdom regarding the value of noncontrolling, illiquid interests down to its foundation and build a new valuation structure that is an integrated, defensible, real-world procedure that may be applied in almost all cases.

ESOP Regulatory Update: The DOL Fiduciary Process Agreement (September 24), featuring Jeffrey Tarbell (Houlihan Lokey), Theodore Becker (DrinkerBiddle), and James Staruck (GreatBanc Trust Company). Earlier this summer, in connection with the settlement of litigation brought by the DOL, an institutional trustee agreed to implement certain policies and procedures that have been commonly referred to as the "DOL Fiduciary Process Agreement." Join this panel of experts, featuring an appraiser (Tarbell), attorney (Becker), and an ESOP trustee (Staruck), for an examination of the current state of ESOP valuations.

Misapplications of Standard Valuation Methods in Valuing Physician Practices (September 30), featuring Timothy Smith (American Appraisal). In the pantheon of business appraisal subjects, physician practices stand alone. Join expert Tim Smith for a discussion on how standard valuation methods are often misused in this ubiquitous valuation assignment and the disastrous consequences of falling into these traps.

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