Estate of Petter v. Commissioner (II)
Ninth Circuit upholds defined value, formula allocation clauses against IRS argument that they require a condition precedent—i.e., an IRS audit and/or determination of fair market value.
Tips and Takeaways From the NYSSCPA BV Conference
BVU attended the annual business valuation conference of the New York State Society of CPAs (NYSSCPA) on May 21 in New York City. As usual, it was an excellent conference, and here are a few takeaways from the sessions.
In re Case No. 800 Bourbon St.
Bankruptcy Court rejects proposition that sales price increase has to be attributed to one debtor’s business, as goodwill, because other debtor’s real property allegedly remains constant in value; court denies request to change allocation of proceeds.
Court Rebuffs Attempt to Allocate Excess Value to Intangible Assets
Bankruptcy Court rejects proposition that sales price increase has to be attributed to one debtor’s business, as goodwill, because other debtor’s real property allegedly remains constant in value; court denies request to change allocation of proceeds.
Valuation trends and issues in the information/media sector
Separately identifiable intangibles are making up a bigger portion of the purchase price allocations for the big deals in the media sector, though practices vary widely, reports Grant Thornton in their new ‘What’s Been Happening in Media M&A’ white paper.
What It's Worth: Hotel Business Value
June 2016 PDF (99 pages)
BVR (editor)
Business Valuation Resources, LLC
In re Aerogroup International, Inc.
Bankruptcy court performs allocation analysis to divide proceeds from section 363 asset sale between two competing lenders, finding debtor’s intellectual property is most valuable asset; court notes that, at time of sale, debtor was neither healthy going concern nor subject of forced liquidation.
Goodwill in Divorce
Perhaps the most ubiquitous challenge in a valuation for divorce is the assessment and allocation of goodwill. Whether personal or enterprise, or attributable to the controlling or noncontrolling spouse, allocating the most intangible aspects of any business can be a challenge in the best times, say nothing of a marital dissolution. On July 14, expert appraiser Jim Alerding and attorney Andrew Soshnick join BVR for a special in-depth look at all things pertaining to goodwill in ...
Personal/Professional v. Practice Goodwill in Medical Practice Valuations
Regardless of the valuation assignment, determinations of goodwill can be a critical step in the appraisal process. Whether for the purposes of marital dissolution or in the allocation of purchase price for tax or financial reporting purposes, separating personal from enterprise goodwill has been a challenge to appraisers across the board but particularly so in healthcare valuations. In Part 9 of BVR's Online Symposium on Healthcare Valuation, series curator Mark Dietrich takes an in-depth look at ...
RECENT DECISION INVALIDATES SECOND TIER ALLOCATION AND FAVORS RESIDUAL METHOD FOR VALUING GOODWILL AND GOING CONCERN VALUE – A NOTE
Summer 1985 Volume 4, Issue 2 pp. 11-13 ...
Healthcare v. Orr
Appeals court says noncompete/nonsolicitation clauses accompanying sale of solo practitioner’s medical practice to large healthcare provider are unenforceable where buyer allocated zero dollar value to practice’s goodwill; court strikes down injunction.
Earnouts and the Monte Carlo Method: Practice Tips for Implementation
Practice tips to use when implementing a Monte Carlo method (MCM) analysis to value earnout rights or obligations, plus a brief overview of earnout provisions and the MCM.
Buyer’s Failure to Assign Value to Practice Goodwill Nullifies Noncompete
Appeals court says noncompete/nonsolicitation clauses accompanying sale of solo practitioner’s medical practice to large healthcare provider are unenforceable where buyer allocated zero dollar value to practice’s goodwill; court strikes down injunction.
Sneak preview of updated data on identifiable intangibles
Get an advance look at the new edition of a guide that analyzes data on the useful lives of intangible assets culled from over 15,000 purchase price allocations.
BVR releases updated data on identifiable intangibles
Data from almost 16,000 purchase price allocations (PPAs) are included in Benchmarking Identifiable Intangibles and Their Useful Lives in Business Combinations, 3rd edition, which has just been released.
New course on intangibles debuts at the October ASA conference
A new advanced course on the valuation of intangible assets will make its debut at the ASA International Appraisers Conference in Las Vegas.