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 >>

Although there are general guidelines to help you pick the best approach to determine reasonable compensation, there are no hard and fast rules. For the overwhelming majority of your clients, one of two common approaches that rely on comparability data should do the trick. For occasional clients who just don’t seem to fit any molds, there is an approach for them, too. Read more >>

The DealStats Value Index is BVR's quarterly publication that gives you a window into the latest insights on private-company acquisitions with important data analysis drawn directly from the DealStats database. This excerpt comes from the latest issue for the first quarter of 2023 and is just the tip of the iceberg when it comes to the index! 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 >>

One element of a valuation report that can be incredibly confusing is the market approach, which is required in every business valuation. Luckily for us, the field guide is here to demystify it for us! 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 >>

Finding public comps for valuation purposes can be a challenge, requiring either a fair amount of digging or a considerable expense (and sometimes both). However, finding these data doesn't always have to be a struggle, thanks to Value Analytics. Let's take a closer look at how this platform makes things a little easier. Read more >>

If you're trying to prepare any kind of report that requires geographically specific information, then you've probably noticed how difficult it can be to find data for certain regions of the world. With Bizminer, your job just got a little easier. 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 >>

A common hurdle that any person involved in valuation will have to clear is financial statement analysis, and a lot goes into understanding that. Read on to learn more about making adjustments to financial statements. 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 >>

The 2023 Mergerstat Review hits virtual bookshelves this May and is your definitive source for the latest data and statistics on M&A transactions from U.S. companies, including privately held, publicly traded, and cross–border transactions. 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 >>

Rules of thumb can be a great way to estimate value in your compensation reports. Read on to see how the Business Reference Guide uses these rules of thumb to help make your valuations a little easier. 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 >>