Publishers: Newspapers, Dailies
This industry comprises establishments known as newspaper publishers. Establishments in this industry carry out operations necessary for producing and distributing newspapers, including gathering news; writing news columns, feature stories, and editorials; and selling and preparing advertisements. These establishments may publish newspapers in print or electronic form.
Publishers: Newspapers (in General)
This industry comprises establishments known as newspaper publishers. Establishments in this industry carry out operations necessary for producing and distributing newspapers, including gathering news; writing news columns, feature stories, and editorials; and selling and preparing advertisements. These establishments may publish newspapers in print or electronic form.
Bextermueller News Distribs., Inc. v. Lee Enters.
In determining damages, the plaintiffs’ damages expert used a method of determining damages revolving around a calculation of lost revenue. The defendants argued the testimony was irrelevant and unreliable because the lost revenue calculations were based on the erroneous premise that the plaintiffs were entitled to recover, as damages, delivery fees for digital subscribers to a newspaper. The court disagreed and excluded the expert’s testimony under Rule 702.
Plaintiff Expert Is Excluded—Lost Revenue Calculation Is Not an Approach Allowed for Damages in Missouri (Rule 702 Exclusion)
Plaintiff news carriers operated as home delivery carriers under a contract with the defendant newspaper. Around 2017, the defendant began offering an electronic version of the newspaper, allegedly breaching the exclusive territorial provisions of the contract with the carriers. In determining damages, the plaintiffs’ damages expert used a method of determining damages revolving around a calculation of lost revenue. The defendants argued her testimony was irrelevant and unreliable because her lost revenue calculations were based on the erroneous premise that the plaintiffs were entitled to recover, as damages, delivery fees for every digital subscriber. The court disagreed and excluded the expert’s testimony under Rule 702.
Pinto v. Schinitsky
The Supreme Court of New York denied motions to dismiss assertions of excess compensation, payments to a consultant, and a salary paid to the defendant’s mother. The court also denied a Daubert motion to exclude the plaintiff’s expert on the reasonableness of compensation. The plaintiff’s expert, a CPA, was found to qualify even though reasonable compensation was not his competency for his practice.
New York Court Denies Claims in Three Damages Categories, Denies Daubert Motion to Exclude Experts
The Supreme Court of New York denied motions to dismiss assertions of excess compensation, payments to a consultant, and a salary paid to the defendant’s mother. The court also denied a Daubert motion to exclude the plaintiff’s expert on the reasonableness of compensation. The plaintiff’s expert, a CPA, was found to qualify even though reasonable compensation was not his competency for his practice.
Colvin v. Syrian Arab Republic
In wrongful death suit arising from extrajudicial killing of famed war correspondent, court credits plaintiff expert’s “reasonable estimate” of loss of prospective income and benefits but finds expert failed to offset amount by consumption costs; court asks for updated expert report.
Court Awards Loss of Income Damages Related to Acclaimed War Correspondent’s Killing
In wrongful death suit arising from extrajudicial killing of famed war correspondent, court credits plaintiff expert’s “reasonable estimate” of loss of prospective income and benefits but finds expert failed to offset amount by consumption costs; court asks for updated expert report.
Tribune Bankruptcy Court Prefers Current Data to Fill Valuation ‘Chasm’
Bankruptcy court declines to confirm competing reorganization plans for billion dollar publishing conglomerate, in part based on flawed valuations from both parties.
Tax Court Corrects Present Value Factor in Gallagher
Tax Court corrects a previous error in the present value factor used to value an 80% interest in a privately held limited partnership, resulting in a $3.2 million increase in overall value.
In re Tribune Co.
Bankruptcy court declines to confirm competing reorganization plans for billion dollar publishing conglomerate, in part based on flawed valuations from both parties.
Gallagher v. Commissioner (II)
Tax Court corrects a previous error in the present value factor used to value an 80% interest in a privately held limited partnership, resulting in a $3.2 million increase in overall value.
Tax Court Rejects Tax Affecting, CSRP, Poor Comps, and More
Tax Court dismisses guideline company comparable method in this case for lack of true comparables and rejects experts’ DCF for tax affecting and other adjustments without sufficient justification or support.
Gallagher v. Commissioner (I)
Tax Court dismisses guideline company comparable method in this case for lack of true comparables, and rejects experts’ DCF for tax affecting and other adjustments without sufficient justification or support.
Valuation of Poorly Run Newspaper Turns on Normalization of Margins
Normalization of margins plays a key role in valuation of newspaper as a "going concern."
Cox Enterprises, Inc. v. News-Journal Corp.
Normalization of margins plays a key role in valuation of newspaper as a "going concern."
Appraisal Doesn't Equal Arbitration; a Court May Review Buy-Sell Valuation for Certain Errors
When is an appraisal not an arbitration? 10th Circuit court explains the difference.
Salt Lake Tribune Publishing Co., LLC v. Management Planning, Inc. (II)
When is an appraisal not an arbitration? Tenth Circuit court explains the difference.
Appraisal Does Not Equal Arbitration
The issue in this case was whether a purchase agreement calling for an appraisal could be labeled an arbitration and thus avoid judicial review.
Salt Lake Tribune Publishing Co., LLC v. Management Planning, Inc. (I)
The issue in this case was whether a purchase agreement calling for an appraisal could be labeled an arbitration and thus avoid judicial review.
Hollinger Inc. v. Hollinger International, Inc.
The issue in this was the ability of the directors to sell an asset of the company.
Dianne Gove Pittman v. Thomas Franklin Pittman
A divided Mississippi Court of Appeals concluded that a minority interest in a newspaper earned by one party in lieu of wages after the date of separation but prior to date of divorce was marital property. It remanded for a valuation of the business inter ...
Characterization of Business Interest Disputed
A divided Mississippi Court of Appeals concluded that a minority interest in a newspaper earned by one party in lieu of wages after the date of separation but prior to date of divorce was marital property.
Ashok Gandhi v. Rajni K. Gandhi
The New York Supreme Court, Third Department affirmed the lower court’s decision to award each spouse, both of whom earned professional licenses (a CPA and a Nurse) during the marriage, the marital portion of their respective licenses because neither part ...
Enhanced Earnings Capacity Awarded to Earning Spouse
The New York Supreme Court, Third Department affirmed the lower court’s decision to award each spouse, both of whom earned professional licenses (a CPA and a Nurse) during the marriage, the marital portion of their respective licenses because neither part ...