by Royer Advisors | Dec 11, 2024 | Valuations
Estate of Tanenblatt v. Commissioner, 2013 Tax Ct. Memo LEXIS 273 (Nov. 18, 2013) In challenging the Internal Revenue Service’s deficiency notice related to estate taxes for the decedent’s interest in a limited liability company, the taxpayer pulled out all the stops....
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Brave v. Brave, 2013 Ark. App. LEXIS 570 (Oct. 2, 2013) For over 25 years, Arkansas courts recognized a tight “professional license goodwill” exception in divorce cases. It applied primarily in cases involving professional partnerships such as medical and dental...
by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
Historic performance does not directly determine the value of a business. Instead, investors are more interested in the future economic benefits the business will generate. Past performance is only relevant to the extent that it demonstrates trends and is expected to...
by Royer Advisors | Dec 11, 2024 | Valuations
In re Civic Partners Sioux City, LLC, 2013 Bankr. LEXIS 4225 (Oct. 7, 2013) After declaring Chapter 11 bankruptcy, the debtor, a developer, asked the Bankruptcy Court to confirm the latest version of its reorganization plan in a “cram down” proceeding. Two key...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Valuations
From time to time, every small business owner wonders what the value of their business is. The correct answer can vary, depending on the purpose of the appraisal. Different rules and standards of value may apply in different circumstances. Some of the reasons a...
by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
Let’s say that Maine Delicious Lobster Company loses its contract to deliver lobster for its primary customer, Good Maine Sandwich Company. Furthermore, the contract loss was due to an alleged breach by Good Maine Sandwich Company. The lobster company sues the...
