Global BVU News and Trends June 2018
Business valuation news from a global perspective.
Global BV News: EFRAG looks at intangibles
The European Financial Reporting Advisory Group (EFRAG) has begun a consultation on its research agenda and is considering a project to develop alternatives to provide more relevant information on intangibles.
Data and analytics in the M&A process
The use of data and analytics has taken on a particular importance in M&A and, when used properly, can transform the due diligence process, says a report from KPMG.
Global BV News: APEC issues IP valuation manual
In the wake of two three-day workshops titled Promoting Innovation Through a Mechanism for IP Valuation, Financing and Leveraging IP Assets held in Manila, Asia-Pacific Economic Cooperation (APEC) has issued the Intellectual Property (IP) Valuation Manual: A Preliminary Guide.
Global BV News: Corona is most valuable brand in Latin America
Mexican beer Corona is the most valuable brand in Latin America, overtaking Brazil’s Skol, which has held the title for the past two years, according to the sixth annual BrandZ Top 50 Most Valuable Latin American Brands.
Intellectual property trends: Average royalty rates, most active industries, and more
Explore intellectual property trends, including average royalty rates, most common royalty payment agreement bases, and most active industries. View real-world statistics based on thousands of actual license agreements.
Global trademark values for wineries
The brand is the single most important intangible asset in wine businesses, accounting for 17.5% of enterprise value on average, according to latest data.
Questions to ask when valuing intellectual property
Only after a thorough due diligence is done can an analysis be made of what intellectual property is worth.
Michael Jackson estate valuation case features tainted image and tax affecting
BV experts take the stand in a high-stakes Tax Court case that pits the IRS against the estate of Michael Jackson.
A face need not be famous for it to have value
In a right of publicity case, a woman is suing the Chipotle restaurant chain for $2.2 billion for using her photograph without her permission for advertising purposes.
New Star Wars film blockbuster fuels celeb estate valuation issue
For Rogue One: A Star Wars Story, the late actor Peter Cushing was “digitally resurrected” and appears as the future Death Star commander. Some stars are now taking action, such as having themselves scanned, so they, too, can provide for their heirs when they’re in the hereafter and enhance the value of their right of publicity.
IP more prevalent in PPAs, says Houlihan Lokey study
Trademarks and trade names were identified in 50% of M&A deals in 2015, up from 45% in 2014, according to the 2015 Purchase Price Allocation Study from Houlihan Lokey.
Brand valuation mandate in India sparks talk of new rules
Wide variations in estimates of brand valuations trigger talk of a new set of valuation rules.
Whataburger grills Wonder Woman over logo
If next year's Wonder Woman pic is boffo, it will raise the stakes in the "friendly" talks going on between Whataburger and DC Comics over the superheroine's "stacked W" logo.
IRS and Whitney Houston estate tangle over IP values
The IRS claims that the Whitney Houston estate underreported the value of intellectual property rights by $22.6 million.
How else to look at the 'Gawker' case: It's about unjust enrichment
It's not your average lost profits or lost business opportunity case. Rather, Hogan's damages experts were successful in quantifying damages under the less-common unjust enrichment theory. Rather than focusing on the damages to Hogan, the plaintiff, stemming from Gawker's misconduct, the experts calculated the gain to Gawker, the defendant, from the misuse of Hogan's assets, that is, his brand and other intellectual property.
Some Key Takeaways From the AICPA FVS Conference
Over 1,100 attendees converged on Las Vegas for the AICPA Forensic and Valuation Services Conference 2015. BVU was there and heard some outstanding speakers and topics. Covered below are just a few of the takeaways. Future issues will cover these—and more.