Business valuation professionals are all familiar with the business valuation body of knowledge. All of the major BV credentialing organizations adhere to the body of knowledge and generally test new potential credentialed members on it. But I want to...
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As has been reported, Kroger, in October 2022, announced that it would buy its smaller competitor, Albertsons, for $24.6 billion. The combined companies would own about 5,000 stores, making it the dominant corporate chain in the country. The deal...
If you talk to my kids or my wife, you will find that I have many times told them that I was born 100 years too early. For my entire life, I have been regularly astounded at the advances...
For years, I have contended that there are three types of goodwill: entity goodwill, transferrable personal goodwill, and “pure” (nontransferrable) personal goodwill. Here is what I use to describe this in webinars and presentations: 1 The Wisconsin Supreme Court...
In late 2021, we reported on an Arizona case (Larchick v. Pollock, 2021 Ariz. App. Unpub. LEXIS 895; 2021 WL 3929954) that the appellate court remanded to determine whether a calculation of value should be allowed as evidence. In that case, the...
Chase v. Chase, 2022 Tenn. App. LEXIS 478 (Dec. 9, 2022) In this Tennessee appellate divorce decision, the court affirmed the valuation of the husband’s plastic surgeon practice from the trial court. The appellate court made it very clear that...
Whether in business valuation or just about anywhere in media, education, webinars and training, or any other form of communication, it is difficult for even a day to go by without hearing something about environmental, social, and governance (ESG)...
Official Comm. of Unsecured Creditors of LB Steel, LLC v. Steelcast Ltd. (In re LB Steel, LLC) In the LB Steel, LLC bankruptcy case,1 a trial was held to resolve the issue of whether the trustee was able to avoid...
In re Appraisal of Regal Entm’t Grp., 2021 Del. Ch. LEXIS 93; 2021 WL 1916364 In May 2021, a Delaware Chancery case came down on a shareholder challenge to the fair value of shares of Regal Cinema in a sale...
Recently a friend and former colleague of mine, Malcolm McClelland, Ph.D., reacted to a LinkedIn News article titled, “Accounting Wants to Look Hip. Seriously!” Malcolm lives in and works out of Brazil and has done so for quite a...