Heavy Engineering Construction
This industry comprises establishments primarily engaged in heavy and civil engineering construction projects (excluding highway, street, bridge, and distribution line construction). The work performed may include new work, reconstruction, rehabilitation, and repairs. Specialty trade contractors are included in this industry if they are engaged in activities primarily related to heavy and civil engineering construction projects (excluding highway, street, bridge, distribution line, oil and gas structure, and utilities building and structure construction). Construction projects involving water resources (e.g., dredging and land drainage), development of marine facilities, and projects involving open space improvement (e.g., parks and trails) are included in this industry.
Flawed Lost Profits Analysis Leaves Plaintiff Bereft of Damages Evidence
Court excludes damages opinion where expert relied on historical data from one construction project to calculate lost profits for subject project without establishing comparability as to type of contract and scope of work and by using “ad hoc” method.
Court Rejects Bright-Line Rule for Valuing Appreciation of Nonmarital Assets
Marital estate only has claim to increased value of stock from company for which owning spouse works if nonowning spouse can show owner’s active effort “to move the appreciation value from the nonmarital category to the marital one,” appeals court affirms ...
RMS of Wisconsin, Inc. v. S-K JV
Court excludes damages opinion where expert relied on historical data from one construction project to calculate lost profits for subject project without establishing ...
Witt-Bahls v. Bahls
Marital estate only has claim to increased value of stock from company for which owning spouse works if nonowning spouse can show owner’s active effort “to move the appreciation value from the nonmarital category to the marital one,” appeals court affirms ...
Expert’s Loss-of-Use Computation Holds Up on Appeal
In summary (non-precedential) order, appellate court upholds $11.7 million loss of use award arising out of a collision at sea between defendants’ cargo vessel and plaintiffs’ unique dredge, finding the district court “permissibly determined” there was as ...
Great Lakes Business Trust v. M/T Orange Sun (II)
In summary (non-precedential) order, appellate court upholds $11.7 million loss of use award arising out of a collision at sea between defendants’ cargo vessel and plaintiffs’ unique dredge, finding the district court “permissibly determined” there was as ...
Marketability Discounts Include Contingent Legal Liability but Not Contingent Sale
Appeals court reviews application of discounts for contingent liability and contingent sales costs.
Kapp v. Kapp
Appeals court reviews application of discounts for contingent liability and contingent sales costs ...
Kautzman v. Kautzman
Issue is whether the trial court erred in its valuation of the husband's construction company.
Liquidation Approach Questioned When the Business Is Retained
The Supreme Court of North Dakota affirmed a lower court's valuation of a construction company.
In re Marriage of Reppen-Sonneson
At issue is the valuation of husband's business, Sonneson Construction, Inc.
Uncertified Accountant Accepted Over Unexplained Financial Documents
The Illinois Court of Appeals affirmed the lower court's valuation of the parties' construction business at zero.
Stevenson v. Stevenson
At issue was the date of valuation of husband's declining construction business.
Loveland v. Loveland
One issue in this case was the valuation of a construction company.