BVU News and Trends October 2020
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends October 2020
Business valuation news from a global perspective.
American Business Appraisers and BVR Annual Key Issues Update
Every year American Business Appraisers brings together experts from across the country for a frank and practical discussion of the issues impacting business valuation. This year, everyone is invited to four great sessions. Get a current update on the SBA Paycheck Protection Program and the forgiveness application. Adam Rosenfield gives an overview of what the most recent changes to the program are and how that affects clients/future clients. Get guidance on how the loan and ...
Food for thought in BVR’s new guide to valuing restaurants
There is no magic formula for doing valuations for firms impacted by the pandemic—especially in the hard-hit restaurant sector.
ABA and BVR team up for annual BV wrap-up
Here’s your chance to hear a summary of all the key issues in business valuation this year.
A plea for transparency from the UK private equity and venture capital industry
Listed company financial reports are supposed to be transparent, and often are not.
Valuing Micro and Small Businesses in the Shadows of COVID-19
Valuing micro and small businesses in the shadow of COVID-19 is daunting. COVID-19’s effects on the economy has magnified risk and uncertainty for small business, making the job of valuators more difficult. Join small business broker, attorney, valuation professional, and author Gregory Caruso for a deep dive into problematic areas of actual small-business valuation cases. With a review of how the theory ties into the actual application of methods using best practices and professional judgment ...
Analyst develops a COVID-19 marketability discount
Valuation analysts have several ways to reflect the extra risk of COVID-19 on businesses, such as adjusting the cash forecast and tweaking the company-specific risk premium (CSRP).
How to value a business and settle a divorce during COVID-19; divorce professionals share tips
How do you resolve a divorce case during COVID-19, when many businesses in all kinds of industries are coping with significant losses and continuing uncertainty over future performance? This was the topic of an excellent panel discussion that was part of the recent virtual AAML/BVR divorce conference.
Some further thoughts on ‘most likely outcome’ forecasts for business valuation
Every financial analyst is struggling with forecasting methodologies now.
Amid Market Data Volatility, the Best Option Is a More Rigorous DCF
A panel of global valuation experts who conducted a recent webinar co-sponsored by RICS, and also NACVA, the ASA, GACVA, and CBVI gives their comments.
BVU News and Trends September 2020
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends September 2020
Business valuation news from a global perspective.
Reopen or Not? A Method for Analyzing a COVID-19-Shuttered Firm
A case study of using external yardstick data to help a client decide whether to hang in there and reopen his business or stay closed for good. This is not a full-blown valuation engagement, but rather a very high-level analysis designed to provide management with an objective basis to help make critical decisions in today’s unpredictable environment.
New edition released of the BV in Divorce Compendium
The most current summary and analysis of U.S. legal decisions involving business valuation and divorce is in the just-released fifth edition of BVR’s Business Valuation in Divorce Case Law Compendium.
Global BV News: Cost of capital parameters in Europe as of June 30, 2020
ValueTrust has released a sixth edition of its “European Capital Market Study” that serves as a comprehensive compilation of capital market parameters such as cost of capital and implied as well as historical risk premiums for European countries.
Tips on how to help settle a divorce during COVID-19
How do you resolve a divorce case during COVID-19, when many businesses in all kinds of industries are coping with significant losses and continuing uncertainty over future performance?
Valuation Challenges and Best Practices in Joint Ventures and Strategic Affiliations
Today, corporate investments into joint ventures and other non-controlled entities now exceed $5 trillion per year, according to Ankura/Water Street Partners' analysis of U.S. Government data. Companies utilize joint ventures for a variety of reasons, including to access capabilities, share risk, pool capital, secure added scale and scope, and satisfy regulatory requirements of local ownership. Join Jerry Chang, Molly Faber, and Tim Lubbe of Ankura to learn more about the increasing prevalence of joint ventures ...
10 Takeaways From the AAML/BVR Virtual Divorce Conference
Family law attorneys, valuation professionals, and industry experts shared advice during the AAML/BVR Virtual Divorce Conference, which is ongoing and will continue tomorrow, September 24.
Dietrich updates his landmark briefing on COVID-19
An important part of understanding the impact of COVID-19 on business value is understanding the virus itself.
Beware of this loaded question about projections amid COVID-19
Projections have always attracted scrutiny, but the pandemic has intensified this attention.
Is COVID-19 changing the types of new BV engagements?
BVWire—UK discussed this topic with a number of business valuation experts in the UK and North America and discovered a surprising degree of stability, given FTSE risk and overall predictions of GDP reductions in the 7%-to-15% range.
How Should You Deal With COVID-19? 10 Tips From the NACVA Conference
The first major multiday, multitrack conference of the year, the NACVA and the CTI’s 2020 Business Valuation and Financial Litigation Super Conference, was held online over five full days in June. Business Valuation Update attended, and we found excellent speakers and interesting sessions, and the technical details all went smoothly. COVID-19 was a hot topic of discussion in a number of the sessions, so, here we present 10 takeaways on dealing with the pandemic’s impact on business valuation.
In COVID-19 Business Interruption Case, Court Finds Business Cannot Show Insurer’s Coverage Denial Breached Contract
In business interruption case resulting from mandatory shutdowns to control COVID-19, court finds plaintiff chiropractic clinic failed to show insurer breached its policy; court says plaintiff did not demonstrate “tangible damage” to property and failed to overcome policy’s express virus exclusion.
Turek Enterprises, Inc. v. State Farm Mutual Automobile Insurance Co.
In business interruption case resulting from mandatory shutdowns to control COVID-19, court finds plaintiff chiropractic clinic failed to show insurer breached its policy; court says plaintiff did not demonstrate “tangible damage” to property and failed to overcome policy’s express virus exclusion.