How many times have we been involved as an expert in a litigation case only to see the attorneys not understand business valuation, fumble with discovery, and waste their time and ours at great expense to the clients? This new 3rd edition of The Lawyer’s Business Valuation Handbook should help to correct those ills. Read more >>

A bungled sales process, dumping a board member from a key investor, faulty methodologies, and lack of quantification of synergies? These all occurred in one case! Read on to see how it all turns out! Read more >>

In June 2024, the Florida appellate court issued two opinions in related cases dealing with personal goodwill, and both of these cases have a lot of overlap. Read more >>

Two recent cases have cast the Delaware Chancery Court into the spotlight. For as long as I can remember (and I am 78), corporations have flocked to Delaware to incorporate but is that changing? Read more >>

The U.S. Supreme Court ruled unanimously on June 6, 2024, that “[a] corporation’s contractual obligation to redeem shares is not necessarily a liability that reduces a corporation’s value for purposes of the federal estate tax.” Let's take a closer look at this ruling. Read more >>

Our friends from Faegre Drinker have not only once again come up with a great article, but also got us thinking about an issue of importance to our FVS brethren and sisters. The issue is causation in damages cases. Read more >>

A lot has been written and said recently about bias in valuations. Judges are commenting on it more frequently, and others within the BV profession are noticing and commenting on it. A 44-year BV veteran weighs in. Read more >>

In this Rhode Island divorce case, the State Supreme Court affirmed the general magistrate’s decision to rely on the value the company’s shareholder agreement determined rather than the fair market value of the entity as presented by the wife’s expert. Read more >>

The new version of Rule 702 went into effect on Dec. 1, 2023. Now we have our first look at how the U.S. circuit courts (at least one of them) might look at the changed rule. Read more >>

A recent California appeal of a divorce case demonstrated a proper way of managing a situation where the valuation analyst had received insufficient information to allow for a conclusion of value as to an asset or assets. Read more >>

The rule changes on FRE 702, which we have covered previously, went into effect on Dec. 1, 2023. As expected, case opinions are already noting the new rule and how it impacted a particular case. Let's take a look at two such cases. Read more >>

Judges and valuation professionals seem to be missing the boat on the proper application of the capitalized cash flow (CCF) method under the income approach, but why? Read more >>

The Biden administration has indicated that it is preparing to seize some patents from Big Pharma. Read more >>

In a recent damages case, the U.S. District Court for the Southern District of New York awarded damages to the plaintiff, Taylor Precision Products. The court had determined liability in a 2018 opinion, but the issue of the amount of damages was not settled so, the court weighed in. Read more >>

In a recent Tax Court case,1 the court backed the IRS when it issued a deficiency notice alleging anticipatory income and capital gains here's why. Read more >>

Well here we go again. Another court accepts a calculation of value in a litigation, and this time it has a problematic twist to it. Read more >>

So what do interest rates have to do with it? With what, you say? As business valuators, we know well that interest rates can impact the value of a business in a number of ways. Read more >>

We have posted in the past on the status of artificial intelligence (AI). We will likely do so from time to time in the future. Frankly, the activities in AI are moving so fast and so wide that it is difficult to keep up with. Let's take a look at the latest developments. Read more >>

The U. S. Supreme Court has now adopted changes to Rule 702 of the Federal Rules of Evidence as they relate to testimony by expert witnesses. Read more >>