Advisory Articles
Music Industry Illustrates How to Value Intellectual Property
Posted by William Allen on July 26, 2017
When it comes to valuing intellectual property assets, experts don't rely on gut instinct. Here's an overview of tried-and-true methods used to value copyright portfolios and other types of intellectual property.
Washington State Appeals Court Addresses Double-Dipping
Posted by William Allen on June 27, 2017
Here’s a recent appellate court decision that distinguishes a husband’s viable going concern entity from case law involving “diminishing” assets.
A Written Report Can Validate an Experts Method
Posted by Douglas Sosnowski on May 30, 2017
Expert witness testimony can sometimes make or break a case. A recent federal district court case shows how a comprehensive written report can demonstrate that experts used proven financial theories and techniques to arrive at their conclusion.
Stallone Fights Studio’s Accounting Methods
Posted by Louis Cercone Jr. on May 30, 2017
Contracts that include contingent consideration can lead to disputes regarding key definitions, as well as the amount and timing of payouts. Here are the details of a high-profile accounting dispute that started more than two decades ago between Sylvester Stallone’s production company and a major movie studio involving the 1993 movie Demolition Man.
Valuing A Minority Interest in Pass-Through Entities
Posted by Louis Cercone Jr. on April 26, 2017
Here’s some guidance compiled by the IRS on valuing S corporations that extends beyond valuation prepared for tax purposes, as well as an explanation as to how tax reform proposals might change investors’ perceptions of pass-through entities in the future.
Measure Owners’ Compensation With the Independent Investor Test
Posted by Douglas Sosnowski on March 20, 2017
The U.S. Tax Court recently addressed the issue of reasonable compensation. This is a subjective matter that is closely related to replacement compensation for shareholder disputes and divorce cases.
Delaware Court Relies on Merger Price in Appraisal Case
Posted by Louis Cercone Jr. on March 20, 2017
A fundamental question in dissenting shareholder cases is: Does merger price provide an accurate estimate of fair value? To find the answer, courts often consider the negotiation process and relationships between the seller and prospective buyers. A recent Delaware appraisal rights case demonstrates how valuation experts can help evaluate price, as well as calculate alternative fair value estimates using other approaches.
Factoring Uncertainty into the Value of Your Business
Posted by William Allen on February 20, 2017
Businesses currently face numerous uncertainties in the marketplace. Some of these possible changes could be good for your business, while others could have negative effects on the value of your business.
Goodwill Impairment Testing May Soon be Easier
Posted by on January 25, 2017
Reporting goodwill in business combinations and testing it for impairment can be confusing — and often requires the use of outside valuation professionals. Here’s why investors are concerned about impairment and what changes are coming soon to the goodwill accounting rules. We’ll also discuss a recent study that reports a substantial increase in impairment losses among U.S. public companies.