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 | Court Rulings, Divorce Litigation, Valuations
Hultz v. Kuhn A Maryland divorce case illustrates the difficulties an appraiser charged with valuing a small company in the divorce context may face and how he or she may prevail in court. The wife was the sole shareholder in a tree services business. The issue at...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Lund v. Lund A protracted Minnesota buyout dispute involving the heirs to a local grocery store empire may have reached the end. The state appeals court affirmed most of the district court’s rulings, including the buyout order and fair value determination. The...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Cristofano v. Chahal Perhaps experts feel pressure from the hiring attorney or the client, perhaps they are unable to access key documents or information, or perhaps they simply lack valuation and litigation experience. Whatever the reason, case law provides too many...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Tucker Cianchette has won a nearly $6 million verdict against his father over the failed buyout of a Yarmouth car dealership, exposing a rift in one of Maine’s most prominent business families. Cianchette sued his father and stepmother, Eric and Peggy Cianchette, on a...
by Royer Advisors | Dec 11, 2024 | Valuations
Judges are alert to incongruities in valuations, as is clear from a recent condemnation case in which landowners hired three experts to calculate the compensation owed to them. The court excluded all experts under Daubert, and it had particularly harsh words for the...
