Panel on trial testimony featured at VSCPA
How to survive expert testimony and cross-examination is one of the most popular topics at the annual two-day Forensic and Valuation Conference held by the Virginia Society of CPAs (VSCPA).
Congrats to the winner of a free BVR Pro subscription
Rob Leibfried, a shareholder in the business valuation practice at Honkamp, will receive a free one-year subscription to BVResearch Pro, BVR’s most comprehensive library of business valuation resources.
Global BV News: IVAS-IVSC conference October 3-4
The leading business valuation conference in Asia Pacific is the IVAS-IVSC Business Valuation Conference, and the next one will be October 3-4.
Elder talks about global themes at the V20
Ben Elder, global director of valuation at RICS, discussed the dynamic relationship between valuation and global themes of people, planet, prosperity, and principles during an interview with Ray Moran (FON Valuation Services).
BV firms rank most effective marketing techniques
The one-on-one meeting with a prospect leads the pack of marketing techniques BV firms and practices find most effective.
Global BV News: Video series explains the V20
“Let’s make the most glamorous show of valuation in the world!” exclaims Sandip Kumar Deb about the V20 Valuation Summit and Conference in the first of a series of videos that explain the event.
Gore v. Gore
The key element in the appeal of this divorce case revolved around the valuation of the wife’s business, selling dietary supplements online. The wife failed to produce in a timely manner the documents the husband requested. She also failed to timely declare an expert who could testify as to the value of her business. “Wife appealed the circuit court’s award of monetary sanctions and the court’s exclusion of her and her expert’s testimony regarding her company’s valuation, as well as her attempts to testify regarding the value of her business. Husband cross-appealed the court’s distribution of marital property and the resultant monetary award.”
Vieira v. Think Tank Logistics, LLC (In re Levesque)
In this adversary Chapter 7 proceeding, the trustee sought to avoid the debtor’s transfer of his interest in two corporate entities and either recover the interests or the value of such interests from the defendants. As part of this proceeding, the court was asked to decide on two motions in limine regarding an valuation expert from each side. The motions (Daubert) asked that the experts not be allowed to testify. The court granted in part and denied in part the motions of the parties.
Appellate Court (Maryland) Affirms Trial Court’s Decision to Exclude Testimony of Wife’s Expert
The key element in the appeal of this divorce case revolved around the valuation of the wife’s business, selling dietary supplements online. The wife failed to produce in a timely manner the documents the husband requested. She also failed to timely declare an expert who could testify as to the value of her business. “Wife appealed the circuit court’s award of monetary sanctions and the court’s exclusion of her and her expert’s testimony regarding her company’s valuation, as well as her attempts to testify regarding the value of her business. Husband cross-appealed the court’s distribution of marital property and the resultant monetary award.”
Bankruptcy Court (South Carolina) Grants in Part and Denies in Part Motions to Exclude Experts in Daubert Motions
In this adversary Chapter 7 proceeding, the trustee sought to avoid the debtor’s transfer of his interest in two corporate entities and either recover the interests or the value of such interests from the defendants. As part of this proceeding, the court was asked to decide on two motions in limine regarding an valuation expert from each side. The motions (Daubert) asked that the experts not be allowed to testify. The court granted in part and denied in part the motions of the parties.
Most BV firms don’t ask for client feedback
When he was mayor of New York City, Ed Koch would roam the streets asking passersby “How’m I doin’?”
Check out the ARM track of the ASA conference October 1-3
In addition to two tracks of business valuation (BV) sessions, there will be one track of appraisal review and management (ARM) sessions at the American Society of Appraisers (ASA) International Appraisers Conference October 1-3 in New Orleans.
Global BV News: Deadline extended to August 31 for V20 call for papers
In connection with the V20 (Valuation 20) conference October 27-29 in New Delhi, India, there is a call for researchers, practitioners, policymakers, and industry professionals to contribute their commentaries and research papers on several important themes.
Agenda available for VSCPA conference September 26-27
BVWire never misses the annual two-day conference held by the Virginia Society of CPAs (VSCPA).
Early results from BVR’s Benchmarking Survey
Almost 200 business valuation firms and practices responded to the BVR Benchmarking Survey, which closed last week.
First-ever ASA conference on litigation in valuation
Mark November 30 on your calendar for the debut of Litigation in Valuation Conference from the American Society of Appraisers (ASA).
NACVA adds to credentialed ranks
The National Association of Certified Valuators and Analysts (NACVA) announced that 81 members recently earned the Certified Valuation Analyst (CVA) credential (or are candidates).
Global BV News: CBV perspectives on litigation
Canadian valuation experts have done a new video in the Litigation Support Video Series from the CBV Institute, Canada’s valuation professional organization (VPO).
Preview of TAF guidance on CSRP
The Appraisal Foundation (TAF) has a working group that is developing voluntary guidance on the company-specific risk premium (CSRP), which it has identified as an area that lacks uniformity in practice.
Global BV News: Damodaran updates his country risk analysis
“Country Risk: Determinants, Measures and Implications—The 2023 Edition” is the July 2023 update by Aswath Damodaran (New York University Stern School of Business) that includes equity risk premiums, by country.
Valuers Are Now Spending More Time ‘on Everything’
A panel discussion during the Global Town Hall: State of the Global Markets and Their Effect on Business Valuation event talked about having to dig more into income statement line items, perform more sensitivity analyses, request multiple forecasts, change Excel models, and more.
Fair Value, Statutory Appraisals, Crypto, ESG, PE Deals, and More at the NYSSCPA BV Conference
As usual, the annual New York State Society of CPAs’ Business Valuation and Litigation Services Conference presented some very interesting and useful information. This article provides a recap of what was discussed.
BV News and Trends July 2023
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends July 2023
Business valuation news from a global perspective.
Young practitioners question traditional discount methodologies
“Outdated studies” and “emerging quantitative methods” are some reasons why young valuation practitioners are questioning the traditional methodologies for estimating discounts for lack of control and marketability (DLOC and DLOM).