The new version of Rule 702 went into effect on Dec. 1, 2023. Now we have our first look at how the U.S. circuit courts (at least one of them) might look at the changed rule. Read more >>

A recent California appeal of a divorce case demonstrated a proper way of managing a situation where the valuation analyst had received insufficient information to allow for a conclusion of value as to an asset or assets. Read more >>

The rule changes on FRE 702, which we have covered previously, went into effect on Dec. 1, 2023. As expected, case opinions are already noting the new rule and how it impacted a particular case. Let's take a look at two such cases. Read more >>

Judges and valuation professionals seem to be missing the boat on the proper application of the capitalized cash flow (CCF) method under the income approach, but why? Read more >>

The Biden administration has indicated that it is preparing to seize some patents from Big Pharma. Read more >>

In a recent damages case, the U.S. District Court for the Southern District of New York awarded damages to the plaintiff, Taylor Precision Products. The court had determined liability in a 2018 opinion, but the issue of the amount of damages was not settled so, the court weighed in. Read more >>

In a recent Tax Court case,1 the court backed the IRS when it issued a deficiency notice alleging anticipatory income and capital gains here's why. Read more >>

Well here we go again. Another court accepts a calculation of value in a litigation, and this time it has a problematic twist to it. Read more >>

So what do interest rates have to do with it? With what, you say? As business valuators, we know well that interest rates can impact the value of a business in a number of ways. Read more >>

We have posted in the past on the status of artificial intelligence (AI). We will likely do so from time to time in the future. Frankly, the activities in AI are moving so fast and so wide that it is difficult to keep up with. Let's take a look at the latest developments. Read more >>

The U. S. Supreme Court has now adopted changes to Rule 702 of the Federal Rules of Evidence as they relate to testimony by expert witnesses. Read more >>

Although they don’t officially go into effect until December 1, expert witnesses are already feeling the effects of the changes designed to strengthen Rule 702. Read more >>

Storytelling is all the rage in business valuation right now. Let's talk about it! Read more >>

Time zones can be problematic when it comes to filing tax petitions. Read on to find out why. Read more >>

It has been reported that “America has lost half its public companies since the 1990s," but, why is that? Read more >>

On June 16, 2023, the Supreme Court, in United States ex rel. Polansky v. Executive Health Resources, affirmed the federal government’s power to dismiss a False Claims Act action brought under the qui tam provisions whenever it chooses to intervene. Read more >>

The FTC is thinking about a major change to the way the labor market works. But what could this mean? Read more >>

How do you cut two minority shareholders out of the mix? Find out! Read more >>

The July 4th holiday for 2023 is now in the books, but it is still on our minds. Perhaps, for some, the meaning of July 4th is lost or is not on their minds. However, the United States’ independence and the resulting Constitution have provided likely the greatest economic system in the history of the world. Read more >>

The tide appears to be turning in the ESOP litigation arena, as speakers at the recent ASA ESOP Virtual Conference report. In the recent Bowers case, the court ruled very decisively against the Department of Labor (DOL) in an ESOP valuation case, stressing that the DOL failed to follow standard valuation practices. Read more >>