Fordeley v. Fordeley
This matter involved cross-appeals from a divorce decree in Trumbull County, Ohio. The focus of this digest relates to cross-appeals relating to the values of the husband’s businesses and the matter of active appreciation on those businesses.
Recap of the AAML/BVR National Divorce Conference
It was a happy marriage of divorce attorneys and financial experts who gathered together for the AAML/BVR National Divorce Conference in Las Vegas. The AAML is the American Academy of Matrimonial Lawyers.
The Two Most Prevalent Methods for Solving the Goodwill Conundrum
Remarks from a session at the AAML/BVR National Divorce Conference conducted by veteran valuers Jay Fishman (Financial Research Associates) and Ken Pia (Marcum) who were joined by attorney Thomas J. Sasser (Sasser, Cestero & Roy).
Look Under the Covers: Finding Assets and Income for a Divorce Valuation
Have you ever wondered how Business Valuation and Forensic analysis intercept? We know that financial data in a company’s books and records may not tell the entire story. But do you know how to analyze it to make your valuation more meaningful? This webinar will give you the steps to begin to unravel and follow the money which could lead to more accurate results.
BV News and Trends October 2022
A monthly roundup of key developments of interest to business valuation experts.
Mikalacki v. Rubezic
In this Arizona marital dissolution case, the Court of Appeals affirmed the trial court’s acceptance of a calculation of value to determine the value of a couple’s law practice, awarded to the husband as part of the equitable distribution. Other matters not related to valuation issues were part of the appellate decision.
Arizona Appeals Court Affirms Trial Court’s Acceptance of a Calculation of Value
In this Arizona marital dissolution case, the Court of Appeals affirmed the trial court’s acceptance of a calculation of value to determine the value of a couple’s law practice, awarded to the husband as part of the equitable distribution. Other matters not related to valuation issues were part of the appellate decision.
Divorce courts getting flexible on valuation dates
One of the interesting points made at the recent AAML/BVR National Divorce Conference was that judges in marital dissolution cases now tend to want more current valuations, particularly when subsequent events may have impacted value.
Great turnout for the AAML/BVR National Divorce Conference
The AAML/BVR National Divorce Conference harkened back to prepandemic times as family law attorneys and valuation experts met in person in Las Vegas September 18-20.
Divorce Highlight: Last chance—AAML/BVR Divorce Conference starts Sunday September 18
Connect with divorce attorneys from across the US at the AAML/BVR National Divorce Conference in Las Vegas September 18-20.
Divorce Highlight: PPP loans, goodwill, BIG tax in recent divorce cases
How do you treat a PPP loan in a marital dissolution case?
Divorce Highlight: Hitchner’s wrath continues regarding Damodaran’s attacks
Speaking at the NACVA’s Business Valuation & Financial Litigation Super Conference last week, Jim Hitchner (Valuation Products and Services) continued his strong rebuttal of some severe criticisms Aswath Damodaran (New York University Stern School of Business) made during a recent BVR webinar about certain inputs to the cost of capital (see prior coverage here).
Divorce Highlight: What’s in a judge’s mind?
In divorce matters, the most important audience is often the trier of fact, so anytime you can glean insights from them is time well spent.
Divorce Highlight: Forging the attorney-expert relationship
“One of the things I suggest to younger family lawyers is to make relationships with experts,” says Jay Fishman (Financial Research Associates) in a recent interview with Family Lawyer Magazine.
Divorce Highlight: Something for everyone at the AAML/BVR Divorce Conference
The breadth of topics run from basic to complex at the 2022 AAML/BVR National Conference, which will be held on September 18-20 in Las Vegas.
Divorce spotlight: valuing a family business with complex ownership
When a family business caught up in divorce is not a simple 100% ownership, things can get complicated—from both a valuation and legal perspective.
New Toolkit for Passive Appreciation Takes Shape
BVR and Dr. Ashok Abbott (West Virginia University) are developing an automated tool and supporting documentation that embodies his peer-reviewed methodology for separating active from passive appreciation of business assets in a divorce context.
BV News and Trends May 2022
A monthly roundup of key developments of interest to business valuation experts.
BV News and Trends April 2022
A monthly roundup of key developments of interest to business valuation experts.
Gary Trugman shares sample valuation reports
A good selection of eight sample valuation reports is available on the companion website of Gary Trugman’s book, Understanding Business Valuation, 6th edition.
Full agenda for the AAML/BVR divorce conference
The full agenda has been posted for the National Divorce Conference, sponsored by the American Academy of Matrimonial Lawyers (AAML) and BVR.
How to find hidden assets in divorce
Parties to a divorce may not be totally forthcoming with assets they own, so the valuation expert often has to help ferret them out.
Preliminary agenda out for 2022 AAML/BVR National Divorce Conference
Want to learn how to value and divide intellectual property caught up in divorce?
BV News and Trends February 2022
A monthly roundup of key developments of interest to business valuation experts.
In re Marriage of Brown
In this Illinois divorce case, the appellate court affirmed the circuit court’s determination of value of the husband’s business by the husband’s expert even though evidence was presented that the expert did not follow the AICPA Business Valuation Standards. Further, the husband’s expert did not consider any enterprise goodwill and used an unorthodox method to determine the value of the business. The wife’s expert asserted that the husband’s expert did not provide a fair market value but rather did a “calculation.” The appellate court also affirmed the circuit court’s decision not to exclude the testimony of the husband’s expert witness.