by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Much of the valuation community’s attention in the past few months has focused on New York fair value proceedings. Now the Utah Supreme Court adds more fodder to the discussion with a decision that rejects the lower court’s reliance on precedent that prohibits...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
The 1993 Daubert case says that an attorney is permitted to challenge an expert witness’s credentials, and if successful, the expert will not be allowed to testify. One case before the U.S. Court of Federal Claims shows how an expert can successfully defend...
by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
Buy-sell agreements help protect small businesses with multiple owners if an owner dies, becomes disabled or chooses to leave the company. They should dictate who can buy the departing owner’s interest, when, how and for how much. It’s best if these contracts...
by Royer Advisors | Dec 11, 2024 | Divorce Litigation, Valuations
Crider v. Crider, 2014 Ind. App. LEXIS 416 (Aug. 26, 2014) In a recent divorce case involving a series of family businesses in which the husband owned interests, the trial court faced considerable hurdles to arrive at a valuation of the marital estate. A small army of...
by Royer Advisors | Dec 11, 2024 | Valuations
Is business valuation an art or a science? In a training years ago, a panel of business valuation experts tackled this question, and could not come up with an answer. While the experts did agree that business valuation has elements of both science and art, they...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Cavallaro v. Commissioner, 2014 Tax Ct. Memo LEXIS 189 (Sept. 17, 2014) So much for professional help! Hardworking taxpayers who built a successful business relied on estate planning professionals to effect a transfer of wealth that would minimize their tax liability....
