Valuing subsequent events in the coming year

BVWireIssue #88-1
January 6, 2010

Most of us are looking forward to a better financial world in 2010 (could anything get much worse than 2009?), but most BV professionals will still have to deal with valuation dates set in a turbulent 2009. How should they handle what happened after the valuation? What does it really mean for a subsequent event to be “known, knowable, and foreseeable,” as the court standard goes; and when is a court (or the IRS) likely to consider any event “knowable,” so long as it is also relevant and reasonable?

To kick off the New Year, three of the profession’s best minds will help decipher the standards on subsequent events. Join Jay Fishman, Chris Mercer, and tax attorney Charles Rettig in the first BVR teleconference of the year this Friday, January 8, 2009: “Subsequent Events: Dealing with the Unknown and Unforeseeable.” The discussion begins at 10:00am Pacific time/1:00pm Eastern time; two CPE credits are available. To find out more and to register, click here.

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