Business Valuation Resources, LLC is the premier publisher in all areas of business valuation, including divorce, tax, bankruptcy, lost profits, shareholder disputes, intellectual property, stock options, general commercial, and other related matters.
BVR locates, indexes and analyzes the cases that have won in the courtroom—and the boardroom—for the last 15 years, and we work with the best financial expert witnesses in North America.
One of the problems with precedent-based jurisprudence is that it can be slow to understand new practices, even when new applications have gained common acceptance by experts in the field. Such is the case with the current doctrine of implied minorit...Read More
Miller Bros. Coal v. Consol of Kentucky, Inc, 2009 WL 4904032 (Bkrtcy. E.D. Ky.))(Dec. 11, 2009)
Cases on the appropriate discount rate are relatively rare, so even this brief discussion by a federal bankruptcy court provides current guidance to lawy...Read More
Weinberg v. Dickson-Weinberg, 2009 WL 3294784 (Hawai’I App.)(Oct. 14, 2009)
Has the majority rule on the disposition of goodwill in divorce resulted in “gross under-valuations of countless successful businesses” simply because their “fortunate owners...Read More
Grelier v. Grelier, 2009 WL 5149267 (Ala. Civ. App.)(Dec. 30, 2009)
In what could serve as precedent for states that now apply the broad, equitable standard for valuing businesses in divorce, the Alabama Court of Appeals considered a case in which th...Read More
Talk about competing messages! A couple owned a 60% interest in a successful Ohio restaurant. During their divorce, the wife’s expert valued the restaurant at $650,893. Amazingly, the husband’s first expert used a “blended” approach (percentage of av...Read More
Financial experts can make or break a case for economic damages, lost profits, taxable fair market values, dispositions in divorce, shareholder dissolutions—and more, but many lawyers “inadvertently destroy their experts’ credibility,” says a r...Read More
First, the U.S. Eight Circuit Court of Appeals decided Estate of Christiansen v. Comm’r (Nov. 2009), approving a formula disclaimer of estate assets that operated much like a defined value clause. Less than three weeks later, the U.S. Tax Court decid...Read More
The Delaware Chancery Court found the majority owners of a large, privately owned alcohol distributor authorized a merger to “freeze out” a 15% minority shareholder by using a process that was “anything but fair.” A fairness opinion, obtained a week...Read More
Business appraisers and financial experts rely on a number of databases of private company transactions. The IBA database is one such product…but it has a large weakness: brokers and advisors are paid directly to submit data. This creates a...Read More
One of the best answers litigator Chuck Rettig has heard to cross-examination about subsequent events came from valuation expert Chris Mercer. Chris recounts a question address to an appraiser asking why he hadn’t considered factors that occurred mon...Read More
