by Royer Advisors | Dec 11, 2024 | Court Rulings, Divorce Litigation, Valuations
Reedy-Huffman v. Huffman, 2015 Alas. LEXIS 56 (May 20, 2015) Hire a valuation expert. That’s the message the Alaska appeals court sent in a ruling involving a professional practice caught up in a divorce. The opinion also includes a good summary of the state’s...
by Royer Advisors | Dec 11, 2024 | Business Plans, Uncategorized, Valuations
IRS Revenue Ruling 59-60 is an essential building block of modern appraisal practice. It identifies “the condition and outlook of the specific industry” as one of the factors to consider when valuing a private business. But how do investors measure...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Cartwright v. Jackson Capital Partners, Limited Partnership, 2015 Tenn. App. LEXIS 361 (May 21, 2015) Did the appraiser use the wrong method for the case? This question took center stage in a lawsuit featuring the beneficiary of a grantor trust who claimed the trustee...
by Royer Advisors | Dec 11, 2024 | Court Rulings, IRS Regulation, Tax Planning, Valuations
Business valuations are prepared as of a specific date, similar to balance sheets. Sometimes a valuation’s effective date is in the past, and events have occurred after the valuation date that would have impacted the company’s value if investors knew (or...
by Royer Advisors | Dec 11, 2024 | Business Plans, Court Rulings, Uncategorized, Valuations
Chancery Adopts Merger Price Sans Cost Savings Reduction Merlin Partners LP v. AutoInfo, Inc., 2015 Del. Ch. LEXIS 128 (April 30, 2015) In a Delaware statutory appraisal action, the Chancery once again determined that the merger price trumped values resulting from...
by Royer Advisors | Dec 11, 2024 | Valuations
Washington Mutual, Inc. v. United States, 2014 Del. LEXIS 115 (March 14, 2014) In a case arising out of the savings and loan debacle, the successor-in-interest to a “healthy” thrift that agreed to take over a number of failing ones sued the government for a tax refund...
