by Royer Advisors | Dec 11, 2024 | Court Rulings, IRS Regulation, Valuations
Exelon Corp. v. Commissioner In 2016, Tax Court Judge Laro ruled on the legitimacy of a series of Section 1031 transactions involving Exelon, an Illinois-based energy giant. The court agreed with the Internal Revenue Service that Exelon was liable for a deficiency of...
by Royer Advisors | Dec 11, 2024 | Uncategorized
Most employers try to strike a balance between encouraging healthy habits on the part of their employees and acting as a surrogate nanny. But as the use of e-cigarettes has become increasingly popular, the question of whether or not to allow vaping at work can be a...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Noven Pharmaceuticals v. Novartis Pharmaceuticals When it comes to document discovery, the “why and “when” matter greatly, as a recent New York ruling centering on a valuation report makes clear. The issue was whether a valuation the defendant had commissioned months...
by Royer Advisors | Dec 11, 2024 | Financial Planning
Cash payments aren’t as obsolete as cassette tapes and VCRs, but they’re definitely becoming less popular. Only 30% of all retail transactions were completed using cash in 2018 — a 40% decrease since 2012, according to the Federal Reserve. And that trend is expected...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Ferraro v. Convercent, Inc. This Daubert case illustrates how courts may interpret the role of “gatekeeper” differently. The dispute featured a company that provided software-based services. The defendants claimed the plaintiff’s expert was unqualified because he...
