BV movers . . .
Alec J. Marotto, CPA/ABV, was promoted to principal in the accounting and auditing department at Tronconi Segarra & Associates LLP (Buffalo, N.Y., area).
Fiat Chrysler brand portfolio valued using 1% royalty rate
The portfolio of Fiat Chrysler brands is worth EUR 10.4 billion based on a preliminary valuation using an 1% average royalty rate, according to a white paper from MARKABLES.
CPE events
Decoding the Cross-Professional Maze: A Guide to Persuasive Real Estate-Related Valuations. August 25, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Dennis A. Webb (Primus Valuations). CPE credits: 2.0.
CPE events
The Long Arm of the Bankruptcy Court: Valuation in Fraudulent Transfer Matters. March 29, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Jeff L. Baliban (Citrin Cooperman). CPE credits: 2.0.
Special Issues When Valuing Private Equity Portfolio Company Private Stock
When a private equity (PE) firm acquires a controlling interest in a company in a buyout transaction, a new capital structure typically is put in place. The new capital structure may comprise senior debt, subordinated debt, preferred equity, common equity ...
BUSINESS VALUATION REVIEW
BUSINESS VALUATION REVIEW Columns and Articles Index for 2008 SPRING 2008 Volume 27, No. 1 1 Editors Column by Roger J. Grabowski, ASA 3 Assessing And Monitoring Bajaj: Debunking The Reliability Of Marketability Discount Studies And The 7.23% Solution by Mark Mitchell, ASA, CFA and Mary Norwalk 18 Minimum Marketability Discounts 3rd Edition by Ronald M. Seaman, ASA, CBA 23 Cost Of Capital Estimation For Intangibles Valuation In Purchase Price Allocation by Marco ...
Hitchner offers hints for using Pratt’s Stats
For the past fifteen years, the users of Pratt’s Stats® and other private databases (such as BIZCOMPS®, etc.) have provided an informal peer review of applying the transactions data in the market ...
Latest angles to valuing early-stage companies
The valuation of a venture-backed, early-stage company requires a disciplined application of methodologies that are often misunderstood or misapplied.
Becker v. Commissioner of Internal Revenue
Tax Court declines to allocate a portion of stock purchase to a non-compete, when documents unambiguously allocate the entire price to the stock.
How Do You Value a Business That Also Owns Real Estate?
Valuing a business is difficult enough, but when you throw real estate into the mix you have an even more complex assignment. Where does the value of the business stop and the value of the real estate begin?
Family Law Decisions
This edition of the Valuation law Review-Taxation will include three editorial commentaries. The first is on the establishment of valuation policies by the CRA. The second commentary is on the valuation implications involved in the ôClass A voting ...
Mexic v. Mexic
577 So. 2d 1046 (La. Ct. App. Mar. 28, 1991). Judge Lobrano.
FASB provides major new opportunity for appraisers - part 1 of 2
The two statements issued by FASB this fall, Statement No. 141, Business Combinations, and Statement No. 142, Goodwill and Other Intangible Assets, will change the accounting for intangible as ...
A practical approach to SFAS 141 and 142 compliance
Valuation for Financial Reporting - Intangible Assets, Goodwill, and Impairment Analysis, SFAS 141 and 142 , Michael J. Mard, James R. Hitchner, Steven D. Hyden, Mark L. Zyla, John Wiley & Sons ...
PPA-Style Method Helps Fine-Tune Estimate of Personal Goodwill
A twist on traditional methods for carving out personal from enterprise goodwill can be used to determine the goodwill attributed to an individual. The technique boils personal goodwill down to its essence: the difference between enterprise value and the ...
Two Cases Deliver Knockout Punch to IRS’s Objections to Defined Value Clauses
On the heels of the IRS s loss in Estate of Christiansen v. Comm r, 2009 WL 3789908 (C.A.8)(Nov.13, 2009), in which the U.S. Court of Appeals for the Eighth Circuit upheld a formula disclaimer of assets similar to a defined value clause, the Tax Court has now strongly affirmed the use of these clauses by tax attorneys, estate planners, and appraisers in Estate of Petter v. Comm r, 2009 WL 4598137(U.S. Tax Ct.)(Dec. 7, 2009 ...
Minimizing Audit Concerns Regarding Purchase Price Allocations to Player Contracts
Historically, professional sports franchises have benefited from the Internal Revenue Code. In fact, there was a time when the income tax benefits of team ownership were the primary justi-fication for the investment. However, the Revenue Reconciliation ...
The Challenges of Professional Sports Franchise Purchase Price Allocations
Professional sports franchises in the United States include the Major League Baseball (MLB), National Football League (NFL), National Hockey League (NHL), and National Basketball Association (NBA) franchises, as well as the secondary fran-chises such as ...
Key Trends in the Valuation of Government Contracting Firms (PDF)
January 2013 978-1-62150-023-0 PDF (42 pages)
BVR (editor)
Business Valuation Resources, LLC
‘MUM’ gains acceptance in Florida court
MUM just went to trial in Florida and received ratification by both the court and the appraiser in Neary v. Neary.
Hedge fund valuation survey results
Business Valuation Resources and Pension Governance, LLC just completed a joint survey on BV firms currently providing valuation services to hedge fund clients.
Is there an IRS review in your future?
The latest entry from a newcomer to the blogging scene, BVMaven, warns that the IRS will start reviewing Section 409a appraisals on January 1, 2009.