Valuation Advisors’ DLOM Study™ now contains over 300 convertible preferred stock transactions
Brian Pearson (Valuation Advisors LLC), developer of the Valuation Advisors’ Lack of Marketability Discount Study, updated listeners on his pre-IPO database last week in a BVR webinar. The Valuation Advisors DLOM Study database, which currently has over 4,300 transactions, is a valuation tool that compares the initial public offering stock price to pre-IPO common stock, [...]
New BVLaw™ case law search features announced
BVR just added new BVLaw™ Advanced Search tools. These advanced search enhancements now allow visitors and subscribers to search by BV-specific case law by citation, judge name and SIC code. These add to the existing ability to search by keyword, case type, jurisdiction and date. BVLaw™ includes over 2,700 full text federal and state court [...]
New York Times small business center recommends BVR…
Owners looking to sell can benchmark their financial thinking by using Pratt’s Stats and other databases available from BVResources.com–as reported by the New York Times.
New case law alters fair market value of intellectual property
The Supreme Court decision in Bilski v. Kappos opened the door to patents of new techniques and processes. But Bilski also paves the way for new challenges to expert witnesses testifying on the value of intellectual properties. Added to obstacles in assessing value, recent case law has also heralded changes for appraisers in indentifying assets, identifying ownership, [...]
Is industry or BV professional experience more credible?
Two recent cases demonstrate that—as between two otherwise qualified BV experts, the one with the better industry and company-specific experience may prove the more credible: In Ringgold Telephone Co. v. Comm’r, T.C. Memo. 2010-103 (May 10, 2010) the U.S. Tax Court assessed the built-in capital gains tax triggered by a telecomm company’s sale of a [...]
Pellegrino chairs BVR Summit on IP valuation; final agenda announced
Plan now to join us in Chicago Sept 15-16 and grow your intellectual property valuation business. Here’s the final program, including the industry-leading faculty and topics. Register here. Wednesday, September 15, 2010 8:00 a.m. – 8:30 a.m. Opening Remarks: Analyze, Defend, and Maximize IP Value Featuring: Mike Pellegrino (Pellegrino & Associates) Conference chair Mike Pellegrino (the author [...]
IRS valuation leader roundtable leads off 3rd Annual Tax and Valuation Summit in November
In their only joint public meeting this year, three of the most important leaders from the Internal Revenue Service will discuss the implementation, enforcement, and appeals of Service regulations at the Advanced Summit on Business Valuation: Resolving Tax & Legal Issues, presented by BVR and Georgetown School of Law. Moderated by Jay Fishman, an expert appraiser [...]
Yeanoplos and Rataj update their session on reasonable compensation
Blake Lyman, Manager of Professional Development at BVR, just announced the agenda for the session on reasonable compensation at BVR’s 3rd Annual Divorce Summit. Here’s the update: Session title: Show Me the Money! The Exploration, Examination and Dissection of Reasonable Compensation The determination of “reasonable compensation” is arguably the most important variable in most valuations [...]
Agenda updated for BVR 3rd Annual Summit on Business Valuation in Divorce
The latest agenda is as follows–and you can register now here. Monday, September 13, 2010 8:00 a.m. – 8:30 a.m. Continental Breakfast 8:30 a.m. – 10:00 a.m. Divorce Testimony: Judges, Lawyers and Appraisers on the State of the Art Featuring: Jay Fishman (Financial Research Associates), William Morrison (Morrison & Company), Hon. Thomas Zampino (New Jersey [...]
Appraisers decry the devaluation of 409A compliance work
We received a flurry of responses to the item on 409A valuations in the most recent BVWire™ (“CFOs don’t value appraisals done for 409A compliance”). Not surprisingly, they all warned against the many risks of valuing cost over quality work: “409A valuations are not ‘in danger of becoming commoditized to the lowest cost providers,’” writes [...]
Share your thoughts...