Nursing Homes/Skilled Nursing Facilities
This industry comprises establishments primarily engaged in providing inpatient nursing and rehabilitative services. The care is generally provided for an extended period of time to individuals requiring nursing care. These establishments have a permanent core staff of registered or licensed practical nurses who, along with other staff, provide nursing and continuous personal care services.
Nursing Home Valuation Must Separate Real Estate From Business Activity
In tax assessment dispute involving nursing home, high court says where facility performs business activity and real estate activity, tax appraisal must separate business value from real estate value; Board of Tax Appeals failed to ensure proper allocation of sales price among assets.
Arbors East RE, L.L.C. v. Franklin County Bd. of Revision
In tax assessment dispute involving nursing home, high court says where facility performs business activity and real estate activity, tax appraisal must separate business value from real estate value; Board of Tax Appeals failed to ensure proper allocation of sales price among assets.
Otherwise Qualified Expert ‘Dauberted’ by Unreliable Healthcare Valuation
An otherwise qualified valuation expert loses Daubert challenge for failing to consider all three valuation approaches in assessing healthcare industry lease.
Lock Realty Corp. v. U.S. Health, LP
An otherwise qualified valuation expert loses Daubert challenge for failing to consider all three valuation approaches in assessing healthcare industry lease.
Should ‘Highest and Best Use’ Govern Fair Value Standard in Dissenting Shareholder Case?
New Jersey court considers whether “highest and best use” is appropriate standard in shareholder dissent cases.
Mendelsohn v. Mendelsohn
NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION DOCKET NO. A-3954-05T2 KAREN MENDELSOHN, Plaintiff-Appellant/ Cross-Respondent, v. ELIEZER MENDELSOHN, Defendant-Respondent/ Cross-Appellant, and HERBERT HEFLICH, MARILYN HEFLICH, MARC HEFLICH, LONG TERM CARE MANAGEMENT, INC. ASSISTED LIVING MANAGEMENT, INC., EAST BRUNSWICK ASSISTED LIVING, L.L.C., FANWOOD ASSISTED LIVING, L.L.C., (a/k/a THE CHELSEA AT FANWOOD), WARREN ASSISTED LIVING, L.L.C., and FLORHAM PARK ASSISTED LIVING, L.L.C., Defendants. TUSCHAK-JACOBSON, INC., a New ...
Holiday Medical Center v. Weisman (I)
New Jersey court considers whether “highest and best use” is appropriate standard in shareholder dissent cases.
Jimmie Hayes Ollis v. Edward Knecht
The Indiana Court of Appeals affirmed the lower court’s decision to exclude expert testimony using the mirror image approach under Ind. Evidence Rule 702 (b). On appeal, Ollis argued that his expert’s testimony should have been admitted and the economic ...
Scientific Reliability of Method Must Be Proved at the Daubert Hearing
The Indiana Court of Appeals affirmed the lower court’s decision to exclude expert testimony using the mirror image approach under Ind. Evidence Rule 702 (b). On appeal, Ollis argued that his expert’s testimony should have been admitted and the economic ...
James W. Duncan, et al. v. TheraTx Incorporated
The Delaware Supreme Court concluded that the appropriate measure of damages for suspended shelf registration is the difference between the highest intermediate price of the shares during a reasonable time at the beginning of the restricted period, which ...