Appraisal (Valuation Services)
This industry comprises establishments primarily engaged in the provision of professional, scientific, or technical services (except legal services; accounting, tax preparation, bookkeeping, and related services; architectural, engineering, and related services; specialized design services; computer systems design and related services; management, scientific, and technical consulting services; scientific research and development services; advertising and related services; market research and public opinion polling; photographic services; translation and interpretation services; and veterinary services). Note: NAICS 531320 is used for Offices of Real Estate Appraisers; this industry comprises establishments primarily engaged in estimating the fair market value of real estate.
Chancery Says Solid Sales Process Lends Credibility to Deal Price
In appraisal action, Chancery says final merger consideration best represents fair value, noting sales process led to “meaningful price discovery”; court says with DCF too much depends on assumptions; small changes may have outsize impact on value range.
Merion Capital L.P. v. Lender Processing Servs.
In appraisal action, Chancery says final merger consideration best represents fair value, noting sales process led to “meaningful price discovery”; court says with DCF too much depends on assumptions; small changes may have outsize impact on value range.
Chancery Says Solid Sales Process Lends Credibility to Deal Price
In appraisal action, Chancery says final merger consideration best represents fair value, noting sales process led to “meaningful price discovery”; court says with DCF too much depends on assumptions; small changes may have outsize impact on value range.
Chancery Validates Tax Affecting in Fair Value Case
In statutory appraisal, Chancery affirms need for tax affecting in calculating projected free cash flows for DCF model; “operative metric” under Kessler model is amount of funds available for distribution to shareholders, not actual distributions made.
Owen v. Cannon
In statutory appraisal, Chancery affirms need for tax affecting in calculating projected free cash flows for DCF model; “operative metric” under Kessler model is amount of funds available for distribution to shareholders, not actual distributions made.
ERISA May Not Shield ESOP Appraisers From State Law Liability
Federal appeals court considers whether ERISA pre-empts state law claims of professional malpractice against ESOP appraiser.
Kloots v. American Express Tax and Business Services, Inc.
Federal appeals court considers whether ERISA pre-empts state law claims of professional malpractice against ESOP appraiser.
Trial court slashes fees; appellate court reverses: Editor-in-chief recommends avoiding this aggravation
Michael J. Mard of the Financial Valuation Group appeals an order awarding him a fee for providing business valuations for a marital dissolution. Attorneys for Ronda and Michael Weinst ...
Mard v. Weinstock
At issue is an appeal by the plaintiff for a final order awarding him a fee for providing business valuations in a dissolution of marriage action.