City of Santa Clarita v. NTS Technical Systems
The California Court of Appeals, Second District concluded, based on the testimony of a financial expert, that the owner of condemned property suffered no loss to its goodwill as a result of a partial taking of property used as a munitions testing facilit ...
Financial Analysis Shows Loss of Revenue Not Linked to Partial Quick Take of Munitions Testing Property
The California Court of Appeals, 2nd District, concluded, based on the testimony of a financial expert, that the owner of condemned property suffered no loss to its goodwill as a result of a partial taking of property used as a munitions testing facility.
Brewer Quality Homes, Inc. v. Commissioner (II)
The U.S. Court of Appeals for the Fifth Circuit affirmed the Tax Court’s determination of reasonable and deductible compensation for an owner of a Louisiana mobile home dealership. The compensation was calculated using RMA data for compensation to gross s ...
Goodwill Not Automatic in Commercial Business
The trial court concluded, on the basis of the expert testimony of Bobby Lester, that husband’s construction company had no value.
Soileau v. Soileau
Goodwill can not be included for a professional corporation, husband's expert included no goodwill value, burden of proof was on wife to contest, but did not do so at trial. Ruling affirmed.
State Contracting & Engineering Corp. v. Condotte America, Inc.
The U.S. Court of Appeals for the Federal Circuit affirmed a lower court’s award of reasonable royalties in this method patent infringement case. It found that the plaintiff’s expert properly relied on the actual terms of the Florida Department of Transpo ...
Actual Contract Considered in Hypothetical Negotiations
The U.S. Court of Appeals for the Federal Circuit affirmed a lower court’s award of reasonable royalties in this method patent infringement case. It found that the plaintiff’s expert properly relied on the actual terms of the Florida Department of Transpo ...
Tax Court, Frustrated by Inadequate Data, Inscrutable Analyses, Bases Reasonable Compensation on RMA Ratios
The issue in this case was the reasonableness of compensation paid to the shareholder and primary officer of Brewer Quality Homes Inc. (Brewer).
Weinstein v. Weinstein (I)
The Connecticut Court of Appeals affirmed a trial court’s finding that the husband did not commit fraud when he did not disclose a private placement memorandum during dissolution. The courts found that the wife’s expert did not question the husband regar ...
No Fraud Found in Connection With Post-Dissolution Sale of Business
The Connecticut Court of Appeals affirmed a trial court’s finding that the husband did not commit fraud when he did not disclose a private placement memorandum during dissolution. The courts found that the wife’s expert did not question the husband regar ...
Brewer Quality Homes, Inc. v. Commissioner (I)
Issue is the extent to which amounts that petitioner paid to shareholder-officer are deductible as reasonable compensation under section 162(a)(1).
Indiana Supreme Court Upholds Alerding's Valuation of Convicted Sex Offender's Construction Company; Trial Court's Discretion to Set Valuation Date Allocates Risk of Radical Change in Asset's Value
We reported ( 1/96, pp. 8-9) that the court of Appeals of Indiana overturned the $328,000 value of Quillen Construction, Inc. opined by the wife's expert, R. James Alerding , because the ...
Court upholds initial value of sex offender's company
In our January 1996 issue (p. 8) we reported that the Indiana Court of Appeals reversed the $328,000 valuation of Quillen Construction Inc., as concluded by the trial court based on expert ...
More Cases ... Bankruptcy Expert Fees: UDC Homes
The court ruled that reimbursement of expenses in Chapter 11 cases can be based upon a restructuring fee concept, such as compensation on the basis of a percentage of certain financial benchmarks relating to the resulting transaction.
In re UDC Homes
At issue is the approval of compensation and reimbursement of expenses.
Moran v. Moran
Issue was the value of closely held shares in a construction company.
Quillen v. Quillen (II)
At issue is the valuation of couple's construction business.
Criminal Charges Not a Factor in Setting Valuation Date
The Indiana Supreme Court reversed the appellate court and upheld the lower court's decision to set the valuation date as the date of separation. The business substantially decreased in value after that date due to the husband-owner's incarceration for s ...
Arrest for Sex Offenses Affects Business Value
At issue is the value of the couple's residential construction company, operated primarily by husband. R. James Alerding , a CPA with experience in valuing businesses testified on behalf of wife t ...
Quillen v. Quillen (I)
At issue is the division of the marital property and the valuation of the couple's construction business.
Wilford v. Wilford
One issue in this case was the valuation of a general contracting business.