Section 2000 Fair Value Assumes a Hypothetical Seller's Covenant Not to Compete
This was a voluntary corporate dissolution proceeding.
Tuckosh v. Tuckosh
One of the issues in this case was whether the trial court erred in determining the value of Cardiz Tool and Machine and awarding one-half of that value as marital property to wife.
FASB provides major new opportunity for appraisers - part 2 of 2
The Financial Accounting Standards Board (FASB) issued Statements of Financial Accounting Standards (SFAS) 141 and 142 in the fall of 2001. SFAS 142 changes the accounting for goodwill from an ...
SFAS 142 at your fingertips
Valuation for Impairment Testing, The Finance and Accounting Professional's Guide to Valuing Reporting Units for Compliance with SFAS 142, Mercer Capital, Peabody Publishing, LP, 2001. Available fro ...
Valuing your assets
Valuation: What Assets Are Really Worth , Alfred M. King , John Wiley & Sons, Inc. Available from Business Valuation Resources, 7412 S.W. Beaverton-Hillsdale Hwy, Suite 106, (888) BUS-VALU [287-82 ...
Brown v. Brown
Issues were value husband's interest in the family florist business, whether stock should be discounted for minority interest or marketability, and whether stock was a gift.
A Gross Result in the Gross Case Calls Into Question Circumstances in Which Tax Affecting Is Valid
Appraisers may soon have to defend their tax affecting in prior S corporation valuations as a result of Gross.
Daubert Issue Rears Its Ugly Head in Gross Case
George Hawkins wrote a guest abstract of this case in the January 2002 issue of Shannon Pratt's Business Valuation Update focusing on the tax affecting issues in the case.
Mart v. Severson
In voluntary corporate dissolution proceeding, Severson exercised his right under Cal. Corp. Code section 2000 to purchase Mart's shares at their fair value to avoid dissolution.
Actual Noncompete Agreement Not Relevant to Fair Value Determination
The California Court of Appeals, District 1, reversed the lower court’s determination of fair value in this voluntary dissolution proceeding.
A treatise on strategic value
The primary difference between this and other valuation books is its emphasis on strategic value, the value to the party to whom the business is most valuable. It discusses how to build strategic value, how to measure strategic value, and how to find and deal with a strategic buyer.
Gross v. Commissioner (II)
Issues involved tax affecting of the discounted cash flows of the company and the size of the marketability discount.
0% Reduction for Tax Affecting Affirmed
The 6th Circuit affirmed the Tax Court’s valuation of gifted minority interests in a closely held S corporation.
More evidence that small company stocks have additional risks
This column provides further evidence that the "size effect" is real. That is, smaller companies are , on average, riskier and therefore investors do require higher expected returns to invest in th ...
Must distinguish between personal and enterprise goodwill
Mark Frazier and Sandra Frazier divorced on Feb. 24, 2000, and Mark appealed the marital property division to the Court of Appeals of Indiana.
Market approach over asset and income
One of the issues in this marital dissolution matter is the valuation of the husband's house painting business, which the trial court determined was marital property. The only evidence of ...
Frazier v. Frazier
At issue is the valuation of the couple's furniture business.
Singley v. Singley (I)
The husband in this marital dissolution matter appealed the trial court's valuation of his dental practice, which included a goodwill component.
Goodwill of Dental Practice Is Part of Mississippi Marital Estate
The husband in this marital dissolution matter appealed the trial court's valuation of his dental practice. The Mississippi Court of Appeals upheld the trial court's valuation, which include ...
Option With No Bona Fide Business Purpose Not Relevant to FMV
This case deals with the valuation for estate tax purposes of four Housing and Urban Development (HUD) housing partnerships and one real estate management partnership.
Estate of Godley v. Commissioner (I)
At issue in the equitable distribution litigation was the value of Fred Jr.'s 50-percent general partnership interest in the partnerships.
A primer on hospital valuations
We are publishing this article on hospital valuation in two parts. The first part of the article gives you background on hospital valuation and discusses trends. The second part of the article, which ...
Bankruptcy Court Determines Fair Market Value Under Pennsylvania Judgment—Court Details Claimant's Expert's Valuation Shortcomings
The issue in this bankruptcy court proceeding is the appropriate valuation of 4,500 shares of stock of Quality Systems Associates Inc. (QSA).
Ayers v. Ayers
At issue is the valuation of husband's painting business.
Market approach valuation upheld
One of the issues in this marital dissolution matter is the valuation of the husband's house painting business, which the trial court determined was marital property. The only evidence of v ...