by Royer Advisors | Dec 11, 2024 | Valuations
The valuation opinions of nonexperts can be a useful reality check on the opinions of bona fide valuation experts, says the Delaware Court of Chancery in a case that involves an increasingly popular technique known as “appraisal arbitrage.” The court’s finding applies...
by Royer Advisors | Dec 11, 2024 | Valuations
Small businesses may need a skilled valuation expert for several different reasons, but one of them is to calculate damages. A good valuator can discount future damages to present value, providing the ammunition businesses need to receive a just award. For...
by Royer Advisors | Dec 11, 2024 | Valuations
Perez v. Bruister, 2014 U.S. Dist. LEXIS 148314 (Oct. 16, 2014) An appraiser of dubious background proved to be a linchpin in a complex ESOP case that centered on allegations from the Department of Labor and individual plaintiffs against the plan’s trustees for buying...
by Royer Advisors | Dec 11, 2024 | Financial Planning, Valuations
Using the market approach, appraisers use comparable guideline companies to help reach an estimate of the value of a business. It has become a long-standing valuation touchstone. There are two primary valuation methods that fall under the market approach: Guideline...
by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
Usually a professional appraiser will seek input from the current owners when he or she is valuing a business. They want to get the inside scoop on how the business works, and it is an important part of the appraisal process. Valuators need not only knowledge related...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, Valuations
It seems obvious that the best time to find out about possible culture differences between two companies considering a merger is before the deal is complete. One of the most common reasons for mergers or acquisitions to fail is concern about cultural integration. It...