Storytelling is all the rage in business valuation right now. Let's talk about it! Read more >>

Time zones can be problematic when it comes to filing tax petitions. Read on to find out why. Read more >>

It has been reported that “America has lost half its public companies since the 1990s," but, why is that? Read more >>

On June 16, 2023, the Supreme Court, in United States ex rel. Polansky v. Executive Health Resources, affirmed the federal government’s power to dismiss a False Claims Act action brought under the qui tam provisions whenever it chooses to intervene. Read more >>

The FTC is thinking about a major change to the way the labor market works. But what could this mean? Read more >>

How do you cut two minority shareholders out of the mix? Find out! Read more >>

The July 4th holiday for 2023 is now in the books, but it is still on our minds. Perhaps, for some, the meaning of July 4th is lost or is not on their minds. However, the United States’ independence and the resulting Constitution have provided likely the greatest economic system in the history of the world. Read more >>

The tide appears to be turning in the ESOP litigation arena, as speakers at the recent ASA ESOP Virtual Conference report. In the recent Bowers case, the court ruled very decisively against the Department of Labor (DOL) in an ESOP valuation case, stressing that the DOL failed to follow standard valuation practices. Read more >>

A shareholder oppression case involving Applebee's takes an interesting turn. Read more >>

In August 2022, we digested and entered into the BVLaw case platform a stockholder litigation case, In re GGP, wherein the Supreme Court of Delaware determined that the Delaware Chancery Court erred in dismissing claims regarding appraisal rights disclosures in a merger. Read more >>

A recent case in federal district court in New Mexico dealt with two motions to exclude a witness under the Daubert rules because the financial statements provided to the BV expert were not prepared under GAAP and were otherwise potentially inaccurate, such as relying on unaudited financial statements. Read more >>

A new case from the Supreme Court of Vermont affirms a trial court decision that allows the valuator of a business that received PPP loan proceeds to include those proceeds in the cash flows used to determine the value of the business using the capitalized cash flows method. Read more >>

For as long as I can remember, there has been the question of using an offer to buy a subject company to determine the value. The short answer is not normally. Read more >>

The Tax Court recently allowed tax affecting for a pass-through entity in the case of Estate of Cecil v. Commissioner. As has been common in recent cases involving tax affecting pass-through entities, the Tax Court went kicking and screaming grudgingly into the decision. Read more >>

AI is continuing to explode; let's talk about what this could mean for business valuation and whether it is just a passing fancy. Read more >>

As the effectiveness of AI systems continues to improve, AI has started to gain traction in a wider range of industries not the least of which is the financial sector. Read more >>

Business valuation professionals are all familiar with the business valuation body of knowledge. All of the major BV credentialing organizations adhere to the body of knowledge and generally test new potential credentialed members on it. Read more >>

As has been reported, Kroger, in October 2022, announced that it would buy its smaller competitor, Albertsons, for $24.6 billion. The combined companies would own about 5,000 stores, making it the dominant corporate chain in the country. Read more >>

ChatGPT has exploded into the public consciousness and aims to revolutionize the way way we look at AI. But what does this mean for valuation? Read more >>

For years, I have contended that there are three types of goodwill: entity goodwill, transferrable personal goodwill, and “pure” (nontransferrable) personal goodwill. Let's take a look at a few cases that explore this idea. Read more >>