by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
In re Eastman Kodak Company, 2013 Bankr. LEXIS 3325 (Aug. 15, 2013) Valuation experts who take on an engagement for which they lack the qualifications or the time risk a tongue-lashing in court, as a recent bankruptcy case demonstrates. This case highlights the...
by Royer Advisors | Dec 11, 2024 | Valuations
Marine Travelift, Inc. v. Marine Lift Systems, Inc., 2013 U.S. Dist. LEXIS 91268 (June 28, 2013) Valuation experts often build on someone else’s assumptions to make reliable calculations. But can an expert simply evaluate and validate information from others without...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Towerview LLC v. Cox Radio, Inc., 2013 Del. Ch. LEXIS 139 (June 28, 2013) Five years after the 2008 economic meltdown, observers look back with a good deal of hindsight. But when the Delaware Court of Chancery recently assessed the reliability of prerecession...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Starling v. Starling, 2013 Va. App. LEXIS 248 (Sept. 10, 2013) (slip op.) Because the trial court found neither spouse’s expert offered a convincing valuation for a family business, it opted to adopt the liquidation value the company’s CPA proposed. On appeal, the...
by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
The broker and valuation analyst bring very different perspectives to the small business owner. The broker and business owner have the joint goal of finding the highest bidder. The valuation analyst has the goal of providing the business owner with an objective...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
In the wake of the 1993 Daubert case, challenges against expert witnesses in stock valuation cases have found greater success. Still, not all Daubert disputes succeed. One case before the U.S. Court of Federal Claims helped clarify how one party can successfully...
