Index of Past Issues of FVLE

Issue 1 | Issue 2 | Issue 3 | Issue 4 | Issue 5 | Issue 6 | Issue 7 | Issue 8 | Issue 9 | Issue 10 | Issue 11 | Issue 12 | Issue 13 | Issue 14 | Issue 15 | Issue 16 | Issue 17 | Issue 18 | Issue 19 | Issue 20 | Issue 21 | Issue 22 | Issue 23 | Issue 24 | Issue 25 | Issue 26 | Issue 27 | Issue 28 | Issue 29 | Issue 30 | Issue 31 | Issue 32 | Issue 33 | Issue 34 | Issue 35 | Issue 36 | Issue 37 | Issue 38 | Issue 39 | Issue 40 | Issue 41 | Issue 42 | Issue 43 | Issue 44 | Issue 45 | Issue 46 | Issue 47 | Issue 48 | Issue 49 | Issue 50 | Issue 51 | Issue 52 | Issue 53 | Issue 54 | Issue 55 | Issue 56 | Issue 57 | Issue 58 | Issue 59 | Issue 60 | Issue 61 | Issue 62 | Issue 63 | Issue 64 | Issue 65 | Issue 66 | Issue 67

ISSUE 67 – JUNE/JULY 2017

  • Front Page - DLOM Guide and Toolkit Debuts after Five Years in the Making - Jim Hitchner
  • Gil Mathews - The Flawed Perpetual Growth Assumption and Its Impact on Terminal Value
  • Marvin Brown - Is Closely Held Stock Really 'Preferred'?
  • Stacey Udell - It's Time to Gear Up for the 2017 AICPA FVS Conference
  • Chris Mercer - Recollections of My First Expert Witness Experience, 10 Ideas for Giving Effective Expert Depositions, and
  • Testifying as an Expert Witness with Impact
  • Rod Burkert - Five lessons I've learned that help me win more engagements at fees I can live with

ISSUE 66 – APRIL/MAY 2017

  • Front Page - Why Perpetual Growth Models Are Not Really Perpetual by Jim Hitchner
  • Mark Kucik and Mark Hanson - Global Valuation Standards: A Practical Approach Through the Eyes of a Practitioner
  • Jason Pierce - How Commercial Real Estate Appraisals Affect Business Valuations
  • Mark Warshavsky - Forensic Statement Analysis — The Art and Science of Analyzing Words
  • Rod Burkert - Are you a digital sharecropper?

ISSUE 65 – FEBRUARY/MARCH 2017

  • Front Page - Poll Results Reflect Current Trends in Business Valuation by Jim Hitchner
  • William Quackenbush - Pitfalls to Avoid in the Guideline Public Company Method
  • Nathan DiNatale - The Profession Evolves with a New Credential
  • Robert Reilly - The Asset-Based Approach to Business Valuation
  • Rod Burkert - Five Signs that we Need to Part Ways with a Client

ISSUE 64 – DECEMBER 2016/JANUARY 2017

  • Front Page - Presenting Cost of Equity Calculations in a Valuation Report by Jim Hitchner
  • Bob Grossman - Marketability, Liquidity, and Controlling Equity Interest
  • Gary Trugman - Should You Ever Use the MCAPM to Value Small Businesses?
  • Mark Dietrich - Protected Health Information: The Toxic Waste of Litigation in Healthcare
  • Rod Burkert - What's in your business model?
  • Ron Seigneur - The Impact of Judicial Reform on Financial Experts

ISSUE 63 – OCTOBER/NOVEMBER 2016

  • Front Page - Best Practices in Cost of Equity Capital: The Build-Up Model: A Simpler Approach by Jim Hitchner
  • Ed Dupke - Using Standards to Strengthen Business Valuation Reports
  • Chris Mercer - Valuation implications of the Proposed Changes to section 2704
  • Mike Gregory – Conflict Resolution with the IRS when your Business appraisal is under Examination
  • Rod Burkert - Wait! You want me to cut a check for HOW much?

ISSUE 62: AUGUST/SEPTEMBER 2016

  • Front Page - Two “Must-Read” Delaware Valuation Court Cases by Jim Hitchner
  • Scott Saltzman - A Financial look at the Double Dip
  • Ray Rath - Stock Compensation and the IPO Process— Insights from SEC Comment Letters
  • Bob Gray and Rebert Kester – AICPA to Publish New Forensic Accounting Practice Aid to Assist Experts in Being More Credible
  • Rod Burkert - The Etiquette of Connecting on LinkedIn

ISSUE 61 – JUNE/JULY 2016

  • Front Page - The Risk-Free Rate in the Cost of Equity Capital: Why It May Be One of the More Important Data Inputs by Jim Hitchner
  • Stacey Udell - Double Dipping: A Close Look at a Hot Topic
  • Rod Burkert - Is your new client onboarding process missing any of these steps?
  • Robert Reilly –Intellectual Property Market approach Valuation Methods in Bankruptcy Controversies

ISSUE 60 – APRIL/MAY 2016

  • Front Page - Cross-Examination Skits: It's Not Always About the Analysis by Jim Hitchner
  • Jeff Balcombe - Optimizing Capital Structure and the Level of Debt Assumption
  • Rod Burkert - Why Are We Reluctant to Specialize?
  • Robert Reilly – Valuation of Health Care Entity Transactions – Part Two
  • Jim Alerding - Confessions of a Tax Court Failure

ISSUE 59 – FEBRUARY/MARCH 2016

  • Front Page - Best Practices: The Capitalized Cash Flow Method by Jim Hitchner
  • Ray Rath – Deferred Revenue Valuation for Accounting Standards Codification (ASC) 805
  • Chris Hamilton – Benefit Stream Error: Locking in Adjustment for an Eternity
  • Robert Reilly – Valuation of Health Care Entity Transactions – Part One
  • Darrell Dorrell – What Did I Miss? How to Employ Countervailing Evidence
  • James Mangraviti, Jr. and Steven Babitsky - How to impress retaining Counsel

ISSUE 58 – DECEMBER 2015/JANUARY 2016

  • Front Page - New Guide Brings Consensus View from Three BV Leaders (Hitchner, Pratt, and Fishman)
  • Robert Reilly - Distinguishing Personal Goodwill from Entity Goodwill in Closely Held Company Valuations
  • Kristopher Boushie - Valuing Intellectual Property in Bankruptcy
  • Michael Crain - Data Sampling— Methods and Sample Size
  • Harold Martin - What’s the Damage? A Primer on Economic Damages in Business Litigation

ISSUE 57 – OCTOBER/NOVEMBER 2015

  • Front Page - Webinar Poll Results Reveal Common Industry Practices by Jim Hitchner
  • Jason Pierce - Analyzing Compensation and Valuation Issues for Authors in Divorce
  • W. David Ellrich, JR. and Joshua B. Angell- Estimating Volatility for Privately Held Companies
  • Linda Trugman - What’s Happening with Business Valuation Education at ASA?
  • Robert Gray - Credible Lost Profits Analysis: One- or Two- Model Approach?

ISSUE 56 AUGUST/SEPTEMBER 2015

  • Front Page - The Size Premium: Criticisms You Should Be Aware Of
  • Don Wisehart - What's New? Duff & Phelps 2015 Valuation Handbook
  • Stacye Preston Collins - Taking a Closer Look .... ERI Executive Compensation Assessor
  • Lance Hall - Do You Really Know the Guideline Public Company Method as Well as you Think You Do?
  • Gary Trugman - The Income Approach: Quick Reminder Basics Checklist
  • Mark Warshavsky - Business Valuation Considerations in Ownership Buy-Sell Agreements
  • Richard Wise - Valuation of a Beneficiary's Interest in a Trust

ISSUE 55 – JUNE/JULY 2015

  • Front Page – The New IRS S Corp Job Aid: What You Need to Know by Jim Hitchner
  • Harold Martin - AICPA Presents New Fair Value Measurement Credentials
  • Eric Nath - Directly Valuing Private Minority Interests Using the Income Approach
  • Jim Alerding - Standards of Value and Personal Goodwill and Double Dipping in Divorce Cases
  • Gil Matthews and Michelle Patterson - How the Court Undervalued the Plaintiffs Equity in Ferolito v. AriZona Beverages Part II
  • Marvin Brown - Non-Controlling Interests and Capital Structures: A Discussion of the Interrelationship
  • Ron Seigneur - Business Appraisal within the Cannabis Industry: The Ultimate Appraisal Challenge?

ISSUE 54 – APRIL/MAY 2015

  • Front Page – Best Practices: The Terminal Year of a Discounted Cash Flow Model
  • Raymond D. Rath - Thoughts on the Excess Earnings Method for Estimating Business Values
  • Robert j. Grossman - Discounts for Lack of Marketability and Fair Value
  • Bruce B. Bingham - Bingham Says....
  • Scott R. Saltzman - Ethical Lapses in Business Valuations: Be aware of These Key areas
  • Gilbert E. Matthews - How the Court Undervalued the Plaintiffs’ Equity in Ferolito v. AriZona Beverages – Part i: Tax-Affecting S Corporation earnings
  • Mark O. Dietrich - Trending Topics in Healthcare Valuation
  • Edward J. Dupke - Providing Testimony: What to WATCH For and What to WATCH OUT For

ISSUE 53 – FEBRUARY/MARCH 2015

  • Front Page - Business Valuation Mistakes: How to Avoid Them, Part Four, The Guideline Company Transaction Method
  • Lindsey D. Lee - Sources of GDP Growth and Inflation Forecasts when Selecting a Constant Growth Rate
  • William C. Quackenbush - Common Sense Issues in the Cost of Capital
  • Larry R. Cook - Impressions and Judgments: Part Two of a three-part series,“Fundamentals of an Effective Interview”

ISSUE 52 – DECEMBER 2014/JANUARY 2015

  • Front Page - Calculation Survives Daubert Challenge - Does This Help Open the Door for Calculations in Litigation?
  • Valuation Update - Poll Results
  • Jeff Balcombe - Market Approaches Miss the Mark when the Subject Company has Untransferrable Goodwill
  • Z. Christopher Mercer - An Introduction to Dividends and Dividend Policy for Private Companies
  • L. Gail Markham - The Twelve Ways of the Expert Witness

ISSUE 51 – OCTOBER/NOVEMBER 2014

  • Front Page – Twenty Ways to Calculate the Cost of Equity: A Case Study by Jim Hitchner
  • Rod Burkert – Averaging Multiple Valuation Methods: Best Practice or Inviting Trouble?
  • Robert Reilly – Qualitative Considerations in the Intellectual Property Valuation
  • Stacey Udell - AICPA Conference To Offer Hand-On Tracks for “Next Gen” Valuation Analysts and Forensic Accountants
  • Jim Alerding – A Tangled Web: Problems Arise when Appellate Court Awards “Equalization Payment”
  • Jeff Windham - Case Law Update

ISSUE 50 – AUGUST/SEPTEMBER 2014

  • Front Page – Calculations and Opinions: Bringing Clarity to a Cloudy Issue by Jim Hitchner
  • Jay Fishman, Lester Barenbaum and Kyle Garcia - Revisiting Lack of Control Discounts Using Closed-End Fund Pricing
  • Richard Wise - The Valuation of a 50% Shareholding in a Closely Held Corporation
  • Darrell Dorrell - Build or Buy? Is It Time for You to Take the Step?
  • Raymond Rath - Advancing the Quality of Valuations for Financial Reporting
  • Kristopher Boushie - Trade Secrets and Damages
  • And Book Reviews of - Cost of Capital: Applications and Examples, 5th Edition (Pratt/Grabowski), Review by Steve Bravo and the Guide to Intangible Asset Valuation (Reilly/Schwelhs), Review by Roger Grabowski

ISSUE 49 – JUNE/JULY 2014

  • Front Page – An Overview of the Duff & Phelps 2014 Valuation Handbook Guide to Cost of Capital by Jim Hitchner
  • Derald Lyons - M&A Deals - Stock vs. Asset Sales: What Every Valuator Nees to Know
  • John Stockdate - Reaching a Conclusion of Value: Reflections on the use of Market Data
  • Mike Crain - Capital Structure of Private Firms
  • Chris Hamilton - Valuing Contract Earn-out Provisions
  • Mike Mard and Korey Rubenstien - The 100 Pound Phone Leveraging Insight: Strategically Selling Business Valuation Services

ISSUE 48 – APRIL/MAY 2014

  • Front Page – Business Valuation Mistakes: How to Avoid Them, Part Three Capitalized Cash Flow Method
  • Jim Alerding – Is Personal Goodwill Double Counted and Thoughts on McReath
  • Mark Kucik – Standards through the Eyes of a Practitioner
  • Scott Saltzman – Standards of Value vs. Ethics
  • Robert Reilly -Intellectual Property Damages Analysis: An Overview
  • Thomas Hilton - Indirect Methods of Income Reconstruction: What Forensic Accountants Can Learn from the IRS

ISSUE 47 – FEBRUARY/MARCH 2014

  • Front Page – Business Valuation Mistakes: How to Avoid Them, Part Two Discount and Capitalization Rates by Jim Hitchner
  • Carla Glass - The Question of Calculations and USPAP - Another Round
  • Gil Matthews - Amortization Should be Excluded from Terminal Value Calculations
  • Robert Reilly - Common Reasons to Conduct Intangible Asset Damages Analyses
  • John Barrett - Analysis of the Kessler Valuation Metric
  • Mark Dietrich - Pitfalls, Pratfalls, and Bad Calls in Healthcare Valuation
  • Bob Gray - Securities Fraud: How Forensic Accountants Can Assist the Various Stakeholders

ISSUE 46 – DECEMBER 2013/JANUARY 2014

  • Front Page - Valuation Update: Webinar Poll Results Reveal Common Industry Practices
  • Steve Bravo - Shareholder/Member Agreement's Influence on Value: Should We Be Bound by Them?
  • William Quackenbush - Terminal Value: A look at Some Key Issues
  • Robert Grossman - Special Valuation Considerations in ESOPs
  • Mark Warshavsky - Using the People to Find the Money: Advanced Financial Forensic Techniques

ISSUE 45 – OCTOBER/NOVEMBER 2013

  • Front Page – Cost of Capital: Comparisons of Ibbotson and Duff & Phelps Data Inputs in the MCAPM and BUM by Jim Hitchner
  • James Harrington, Carla Nunes, and Niel Patel - The Duff & Phelps Equity Risk Premium and Risk-free Rate Recommendation
  • Stacey Udell - Engagement Letters: How Do Yours Measure Up?
  • Stacy Preston Collins - Current Issues: Private Equity and Hedge Funds
  • Bruce Bingham - Valuation Professionals: Be Aware of New Rules; Speak Your Mind
  • Don Wisehart - Book Review: Valuation of Privately-Held Company Equity Securities Issued as Compensation
  • Robert Gray and James O'Brien - Performing Credible Lost Profits: Consider the 'Fab Four' Steps for Your Analysis

ISSUE 44 – AUGUST/SEPTEMBER 2013

  • Front Page – Business Valuation Mistakes: How to Avoid Them by Jim Hitchner
  • Ron Seigneur – Partner’s Capital How Much Is Enough?
  • Kevin Yeanoplos – Growth in a Vacuum: Maximizing Value in a Depressed Economy
  • From the AICPA, ASA, IBA and NACVA – Association News
  • James Mangraviti and Steve Babitsky – How to Draft an Expert Witness Retention Agreement

ISSUE 43 – JUNE/JULY 2013

  • Front Page - Cost of Capital update: Ibbotson and Duff & Phelps 2013 by Jim Hitchner
  • Chris Hamilton - Long Term Growth - Have the Facts Changed?
  • Scott R. Saltzman - Valuation and Litigation Pitfalls
  • Larry Cook - Fundamentals of an Effective Interview Part I
  • Gail Markham - THe BP Settlement: Are You Aware of its Far-Reaching Effects?
  • Kristopher Boushie - Using Comparables in Valuing Patents in Litigation

ISSUE 42 – APRIL/MAY 2013

  • Front Page - How to 'Rig'a Valuation Part Two: Long-Term Growth Rates by Jim Hitchner
  • Jay Fishman - Do Put Option Models Overstate Discounts for Lack of Marketability?
  • Ray K. Bratcher - Reducing Appraiser Subjectivity in Determining DLOM
  • Darrell Dorrell - Built-in Gain (BiG) Adjustments in Partnerships & LLCs: why a section 754 Election is Not Inevitable

ISSUE 41 – FEBRUARY/MARCH 2013

  • Front Page - How to 'Rig' a Valuation: The Discount Rate by Jim Hitchner
  • Gary Trugman - Advocacy vs. Objectivity
  • Ray Rath - Intangible Asset Valuation: The Distributor Method
  • Tom Hilton - Calculation Reports in Litigation: Are You Cruisin' for a Bruisin'?
  • Michael Mard, Don Wisehart & M. Seph Mard - Why is Valuation Trapped in the '70s? Limitations of the Black-Scholes Option Pricing Model as used in the DLOM (Special Extended Length Article)

ISSUE 40 – DECEMBER 2012/JANUARY 2013

  • Front Page - 'LinkedOut': A Response to a Business Valuation Standards Discussion
  • Steve Bravo - Synergy and Fair Market Value:  Are they mutually exclusive?  BTR Dunlop says 'no'
  • Rod Burkert & Bob Dohmeyer - Mean Reversion Model to Adjust Excess Compensation
  • Darrell Dorrell - Does 'Offer Price' Equal Value?  The Top 20 Factors
  • James Mangraviti & Steve Babitsky (SEAK) - The 10 Biggest Mistakes Expert Witnesses Make During Depositions

ISSUE 39 – OCTOBER/NOVEMBER 2012

  • Front Page - Valuation Update: Webinar Poll Results Reveal 'Who's Doing What'
  • Travis Harms - Valuation's Dirty Little Secret: Financial Projections and the Income Approach
  • Mark Warshavsky - Analyzing Earnings Quality as a Financial Forensic Tool
  • Jim Hitchner - Book Review: How to Work with the IRS: Strategies for Attorneys, Accountants & Appraisers by Michael Gregory

ISSUE 38 – AUGUST/SEPTEMBER 2012

  • Front Page – Pratt’s Stats:  The Public Side
  • Gary Trugman – How to Use Transaction Databases
  • David Ellrich, Jr. and Joshua B. Angell – Update on the New FMV Opinions Database and Newly Added Transactions
  • Derald Lyons – M&A Deals - Stock vs. Asset Sales: What Every Valuator Needs to Know
  • Thomas Burrage - Rule One Initiative Works to Increase Efficiency of Judicial System
  • John Walker and Chris Treharne with two New Court Cases: Wimmer v. Commissioner and Mohamed v. Commissioner

ISSUE 37 – JUNE/JULY 2012

  • Front Page – Ibbotson Update: New Support for Old Data
  • Bob Gray and Dave Duffus - Encountering New Venues with Shareholder Disputes? Remember the Special Ks
  • Jim Alerding -  Personal Goodwill in Divorce
  • Don Wisehart – The Elusive Size Premium
  • Eva Lang – Facing the IRS:  Some Quick Tips to Make the Experience Less Painful

ISSUE 36 – APRIL/MAY 2012

  • Front Page - Business Valuation Standards Top Ten Myth Busters
  • David Ellrich, Jr. and Joshua B. Angell – Thoughts on Duff & Phelps ‘Normalizing’ Risk-Free Rate
  • Carla Glass – Revisions to the Uniform Standards of Professional appraisal Practice (USPAP) 2012-2013 Edition
  • Neil Beaton - Are Secondary Markets Accurate Indicators of Market Value?
  • Ronald D. DiMattia – Treatment of Cash When Calculating Enterprise Value
  • Linda Trugman - What’s Happening at the American Society of Appraisers?
  • Stacey Udell - Top Five Issues When Valuing a Small Business for Divorce
  • John Walker and Chris Treharne with a New Court Case: Wandry v. Commissioner

ISSUE 35 – FEBRUARY/MARCH 2012

  • Front Page - Control Premiums and Minority Discounts in Operating Businesses
  • Bill Quackenbush – Current Issues in Developing the Cost of Capital
  • Gil Matthews – An Investment Banking View of Enterprise Value.
  • Mark Dietrich - Sizing Up Healthcare Reform’s Impact on Business
  • Eva Lang – Resources: It is All About the Apps
  • Steve Babitsky and James Mangraviti - Expert Witness New Client Interview Checklist
  • John Waker and Chris Treharne with a New Court Case: Estate of Liljestrand v. Commissioner

ISSUE 34 – DECEMBER 2011/JANUARY 2012

  • Front Page - FMV Opinions Restricted Stock Database: Before You Rely on Restricted Stock Block Size to Determine an Incremental DLOM Applicable to Private Equity, Know the Facts
  • Bruce Bingham -  Update on Standards: A Review of the International Valuation Standards 2011 of the international Valuation Standards Council (IVSC)
  • IRS DLOM Job Aid Webinar Results
  • Stacy Preston Collins - Women in Business Valuation:  Some Perspectives
  • Scott Saltzman - Valuation Ethics: Questions and Answers
  • Kevin Yeanoplos - The Private Cost of Capital Model: Panacea or Perciatelli?
  • Jim Alerding - Is the Traditional Risk-Free Rate Still Risk Free?
  • Kristopher Boushie -  Post Uniloc — Calculating Reasonable Royalty Damages: What’s a Damages Expert to Do?

ISSUE 33 – OCTOBER/NOVEMBER 2011

  • Front Page – VPS Webinars and Poll Results Show High Impact of IRS DLOM Job Aid
  • Jeffrey R. Mills, Guest Columnist – Common Errors in Discounted Cash Flow Models
  • Chris Hamilton – Is It the Market Approach or the Income Approach?
  • Stephen J. Bravo - Massachusetts Supreme Judicial Court Deals Effectively with Cash Flows in Divorce Valuation of Hedge Fund Firm
  • R. James Alerding - Valuation Ethics
  • John J. Stockdale - Methods for Determining Synthetic Volatility for Private Companies
  • Howard A. Lewis - Quality Assurance in Business Appraisal
  • Steven Hyden and Guest Columnist Darren Cordier - Using Trendlines to Determine Survivor Curves for the Valuation of Customer Relationships
  • Jay E. Fishman – The Changing Face of Private Equity
  • Robin E. Taylor - Volunteering for the Profession
  • Richard M. Wise - Quantification of a Complex Business Interruption Loss

ISSUE 32 – AUGUST/SEPTEMBER 2011  SPECIAL ISSUE DLOM

This is a SPECIAL ISSUE - 144 pages focusing on Discounts for Lack of Marketability. Issue No. 32, August/September 2011 contains:

  • The IRS Discount for Lack of Marketability Job Aid - 39 page discussion and summary of the Job Aid by Jim Hitchner.
  • Why Finnerty’s Put Option Model is the DLOM Model of Choice
  • Sumon C. Mazumdar’s Conference PowerPoint Slides from Judge Laro’s 2008 DLOM Summit
  • Bajaj et al. Criticisms and Pratt and Hall Rebuttals
  • Jim Hitchner's Review of An Integrated Theory
  • QMDM: A Long but Important Answer to a Short but Important Question
  • Partnership Profiles, Inc. 2010 Executive Summary Report
  • Mandelbaum Factors Revisited: A Peek Behind the curtains
  • The Mysterious Willing Seller
  • A DLOM Computational MOdel
  • Other Evidence about Discounts for Lack of Marketability
  • Issue 15 of Financial Valuation and Litigation Expert - Major National Summit on DLOMs: Everything You Wanted to Know and Were UNafraid to Ask
  • Major National Summit on DLOM Case Study from Judge Laro's Tax Conferences 2009 and 2010

ISSUE 31 – JUNE/JULY 2011

  • Front Page – Expert Ethics: Bias and Plagiarism – The Dark Side of Business Valuation
  • Edward Dupke, Nancy Fannon, and Mark Hanson – Evolution of Valuation Professional Standards
  • Ron DiMattia – Excess Cash Flow Method and Required Rates of Return
  • Steve Gonsoulin – Consideration of the Asset Approach in Appraising a Minority Interest in an Operating Company
  • J. Michael Hill, Jr. and Anthony DeBenedictis – First Experiences under the Amended Federal Rules of Civil Procedure

ISSUE 30 – APRIL/MAY 2011

  • Front Page – Industry Update: Who’s Doing What
  • Don Wisehart and Mike Mard – The Valuation House of Cards? The Risk Components of Cost of Capital
  • Ron Seigneur – Divorce of a Business: When Partnerships Fail
  • Andy Smith and Brian Sullivan – We are not Paid to Agree with our Clients, The Art of Agreeing to Disagree
  • Brenda Clarke - Book Review of Financial Valuation: Applications and Models, 3rd edition.
  • Joel Rakower and Nannette Watts – Potential Pitfalls to Benchmarking Marketability Discounts
  • Chris Mercer, Journal Review of Dunn on Damages
  • Gail Markham, Toni Sparkman, Becky Bokrand, and Kelsey Thompson – Fallacy Free Forensics

ISSUE 29 – FEBRUARY/MARCH 2011

  • Front Page - Cost of Capital Update: Things You Need to Know
  • Derald Lyons – Another Look at Valuing Pass-Through Entities: Cvs. S Corp Income Tax Law
  • Bob Grossman -  Business Valuation in a Public Accounting Firm
  • Tom Burrage -New Legislation in Estate Tax Prompts Self-Examination: A Look at the Cobbler’s Shoes
  • Darrell Dorrell - Aberrant Pattern Detection: Harnessing the ability to empirically measure pattern aberration
  • Harold Martin, Book Review - Cost of Capital: Applications and Examples
  • Kris Boushie - The Demise of the 25% Rule for Determining a Reasonable Royalty in Patent Litigation
  • Robert Ambrogi - Expert Witness Proposed Code of Ethics

ISSUE 28 – DECEMBER 2010/JANUARY 2011

  • Front Page - The Future of Business Valuation in the United States Part II
  • Mark Lee -  Credibility, DCF, and the Company-Specific Risk Premium
  • Rodney Bosco – What is the Value of Forever? Choosing Between Long-Term Mitigation and a Perpetual Damages Period
  • Jim Hitchner, Book Review - Cost of Capital in Litigation
  • Richard Wise -Quantifying Damages for lost Profits — Estimating Costs

ISSUE 27 – OCTOBER/NOVEMBER 2010

  • Front Page - The Future of Business Valuation in the United States
  • Gary Trugman - The TVA Restricted Stock Study in Practice
  • Rod Burkert - Keeping Up Technically in a Small BV Firm
  • Bob Gray - The AICPA CFF Credential— Opening the Door Wider
  • Tom Hilton - Aristotle’s Rhetoric and the 21st Century Testifying Expert
  • In the Courtroom Jensen v. Commissioner
  • Jim Alerding - Salable Professional (Personal) Goodwill Is it IN or OUT?
  • Stacy Preston Collins - A Review of the PitchBook/BVR Guideline Public Company Comps Tool™

ISSUE 26 – AUGUST/SEPTEMBER 2010

  • Front Page - Websites: Uninteresting, Unsupportable, and Unsafe
  • Roger Grabowski Concerning the Equity Risk Premium and Structural Changes to Capital Markets
  • Nancy Fannon – A New View of an Old Debate – Rethinking the Benefit of Pass-Through Entities
  • Scott Saltzman - Financial Reporting: What is in the Best Interest of the Public
  • Ed Dupke – Evolution of Business Valuation with the AICPA: A Look Back to Look Forward
  • Steve Campana - Probability Weighting of Family Limited Partnership Minority Interest Expected Future Cash Flows

ISSUE 25 – JUNE/JULY 2010

  • Front page – Cost of Equity Capital: Straight, with a Chaser
  • John Stockdale – Other Evidence about Discounts for Lack of Marketability (DLOMs)
  • Robin E. Taylor – Reports: How to Make Them More Understandable and Convincing
  • Marvin T. Brown – A Closer Look at Small Businesses and the S Corp Premium: Where’s the Value?
  • Kristopher A. Boushie – Direct and Indirect Patent Infringement – Damage Issues and Licensing
  • Chris D. Treharne and John Walker – Estate of Fortunato v. Commissioner
  • Chris D. Treharne and John Walker – Suzanne J. Pierre v. Commissioner
  • Chris D. Treharne and Fawntel Romero – Ringgold Telephone Company v. Commissioner
  • Chris D. Treharne and Fawntel Romero – Ludwick v. Commissioner
  • Chris D. Treharne and John Walker – Homan v. Commissioner

ISSUE 24 – APRIL/MAY 2010

  • Front page – Cost of Equity Capital: Straight, No Chaser
  • Stacey Udell – A Morningstar and Duff & Phelps Risk Premium (“ERP”) Comparison for 2010
  • Harold G. Martin and Peter N. Thacker, Jr. – Calculating the Terminal Period Value When Using the Discounted Cash Flow Method: Gordon Growth Model or Exit Multiple?
  • Carla G. Glass – USPAP: Current Issues
    • Why should you be concerned about the first proposals for changes to the 2012-2013 edition of USPAP?
    • What’s in the current (2010-2011) edition of USPAP?
  • Jay E. Fishman – Civil Money Penalties Against Appraisers: What Practitioners Should Know
  • Neil Beaton – Measuring Damages for New of Early-stage Businesses
  • Chris D. Treharne and John Walker – Estate of Charlene B. Shurtz v. Commissioner

ISSUE 23 – FEBRUARY/MARCH 2010

  • Front Page – Industry Update: Who’s Doing What?
  • Robert Reilly – AICPA Statement on Standards for Valuation Services: Implementation Update 2010
  • Michael A. Crain – Using statistics to asses lost profits during an economic downturn
  • R. James Alerding – Recognizing and Analyzing Promising Intellectual Property
  • Chris Hamilton – Business Valuation Services for Liquidation or Re-evaluation
  • Mark O. Dietrich – Current Issues in Healthcare Valuation
  • Eva Lang – GF Data Resources: Another Option for Information on Private Company Transactions
  • Stephen J. Bravo – Discount for Built-in Gain Taxes: An Update (“Litchfield, TCM 2009-21”)
  • Fawntel Romero and Chris D. Treharne – Price vs. Commissioner
  • Robert Ambrough – Rule 26: Major Changes for Attorneys and Experts

ISSUE 22 – DECEMBER 2009/JANUARY 2010

  • Front Page – Cross-Examination A View from the “Other” Side
  • Donald P. Wisehart – Boston’s Battle of the Beta
  • Michael J. Mard – Does the Fair Market Value of Land and Building Create Fair Value Error?
  • Darrell D. Dorrell – Are you a “Forensic Accountant”?
  • Chris D. Treharne and John Walker – Estate of Samuel P. Black vs. Commissioner

ISSUE 21 – OCTOBER/NOVEMBER 09

  • Front page – Transaction Databases: Useful of Not?
  • William Quackenbush – Risk Assessment and the DuPont Formula
  • Stacy Preston Collins – Industry Focus: Engineering and Architectural Firms
  • Checklist – Valuation Services Engagement Control
  • Richard M. Wise – What the Expert Witness Should Know About the Cross-Examiner’s Trial Tactics          
  • Michael G. Kaplan – Eleven Ways that Attorneys Kill Their Own Experts

ISSUE 20 – AUGUST/SEPTEMBER 09

  • Front page - Common Sense Issues in Weighting Values
  • Kevin Yeanoplos - General Benchmarks Help Determine Cost of Capital
  • M. Mark Lee and Adrian M. Campelo - Adjusting Market Multiples: The Final Decision is Still a Matter of Professional Judgment
  • Rod P. Burkert - Increasing Your Personal Productivity
  • Derald Lyons - Guideline Company Transaction Method: When Comparables Sold Before the Financial Markets' Meltdown
  • Stacey Udell - A Look at Reasonable Compensation
  • Thomas Hilton - Discovery of Draft Reports: How Do You Spell Relief?

ISSUE 19 – JUNE/JULY 09

  • Front page - Butler Pinkerton and the Total Beta Model - Measuring Total Cost of Equity and Company-Specific Risk: An Interview with Peter Butler and Keith Pinkerton
  • Gil Matthews - Testing for an ‘Implied Minority Discount’ in Guideline Company Prices
  • Robin Taylor - Market Characteristics and Fair Value Reporting— Evolution, Revolution and Continuing Confusion
  • Larry Cook - Pulling the Plug: Small Business Owners Who Take a Hit and What They Can Do About It
  • Robert Ambrogi - When Your Own Experts Disagree
  • Steve Babitsky - Expert Witness Fees
  • Cost of Capital Corner

ISSUE 18 – APR/MAY 09

  • Front page - Cost of Capital: Should It be Adjusted to Reflect the Current Economic Climate?
  • Steve Bravo - The Appraiser, Penalties and the IRS: A Costly Combination
  • Linda Trugman - Valuing “Mom and Pop” Businesses: A Primer
  • Bob Grossman - Are Restricted Stock Studies Still Valid?
  • Harold Martin - The Direct and Indirect Methods of Valuing Minority Interests Using the Income Approach
  • Gail Markham and Becky Bokrand - Which Expert Are You — Leia or Boba Fett?
  • In the Courtroom
    • Discounts and Only Discounts
    • Attorney-Client Privileges and Experts
  • Cost of Capital Corner

ISSUE 17 – FEBRUARY/MARCH 2009

  • Front page - Industry Risk Premium Data: If You Use It, Use It with Knowledge
  • Bob Duffy - Exploring the New World of Quantitative DLOM Analyses
  • Ron Seigneur - Using Alternative Weighting Schemes to Project an Economic Benefit Stream
  • Jeff Balcombe, Keith Konen and J.R. Radcliffe - SFAS 142 Impairment Testing: Lack of Definition Creates Confusion
  • Alfred Zeiler, Guest Article - Sanity Checks: How? When? Why?
  • Scott Saltzman - Getting Conflicted Out of Engagements: An Old Game
  • Robert Ambrogi, Guest Article- Top Ten Expert Witness Cases of 2008
  • Bob Gray - Proven Professionals Address Tough Questions on Corporate/Special Investigations
  • Cost of Capital Corner

ISSUE 16 – DECEMBER 2008/JANUARY 2009

  • Front page - AICPA Standards: The Former Chair Interviews the Current Chair
  • Nancy Fannon - The Real S Corp Debate: Impact of Embedded Tax Rates from Public Markets
  • Harold Martin - The Guideline Co. Transaction Method: What Does the Information Really Mean?
  • John J. Stockdale - Regression Requires Elimination of Common Cause
  • Ron Seigneur - review- Understanding Business Valuation: A Practical Guide to Valuing Small to Medium Sized Businesses, 3rd ed.
  • Kristopher Boushie - An Introduction to Using Attribute Analysis in Valuing Patents
  • Jim Hitchner - New Study-Expert Witness Testimony
  • Mark Dietrich - Supply and Demand: Assessing the Impact of the Shortage of Physicians on Value
  • Robert Ambrogi - Guest Article - Expert Reports: Should Lawyers Keep Hands Off?
  • Daubert on the Docket
  • Jim Hitchner - review- Cost of Capital: Applications and Examples, Third Edition
  • Cost of Capital Corner

ISSUE 15 – OCTOBER/ NOVEMBER 2008

  • Front page- Major National Summit on DLOMs
  • Lance S. Hall -The Comparative Analysis of Restricted Stock Approach (CARS) and The FMV Restricted Stock Study
  • Z. Christopher Mercer- Quantitative Marketability Discount Model (QMDM)
  • Marc Vianello - The VFC Longstaff DLOM Methodology
  • Dr. Sumon C. Mazumdar - Firm Value and Marketability Discounts and The Bajaj et al Study
  • Dr. Ashok Abbott - Abbott Liquidity Factor and Study

ISSUE 14 – AUGUST/SEPTEMBER 2008

  • Front page - 2 court cases (Berquist; Daubert challenge)
  • Steve Hyden- Valuing Two Assets Using the Excess Earnings Method
  • Don Wisehart - SFAS 123r Valuation Defies “Intuition”
  • Don Barbo- Healthcare Valuations are All Local... or Are They?
  • Mike Crain- Discount Rates Used in Lost Profits Damages
  • Steve Babitsky and James Mangraviti- Forensic Companies Retooling
  • Prepping an Expert: How Far is Too Far?
  • Eva Lang- Adventures in Acrobat

ISSUE 13 – JUNE/JULY 2008

  • Front page- BV Standards Applications Update: Six Months into Compliance
  • Rod Burkert- Using Duff & Phelps Equity Risk Premiums with Fundamental Measures of Accounting Risk
  • Todd Fries and J.D. Radcliffe (Guest Columnists) - Accounting for Significant Risk in Discounted Cash Flow Analyses (DCF)
  • Gil Matthews - The Superiority of the Harmonic Mean as a Method for Averaging Multiples of Guideline Companies and Acquisitions
  • Mel Abraham - Build a Reputation, Build a Practice: The Best Four Investments You Can Ever Make
  • Tom Hilton - Imposter or the Real McCoy? The Looming Crisis of the Authenticity of Electronically Stored Information in Commercial Litigation
  • Michael Kaplan - What’s Happening at NACVA?
  • John Gilbert - In the Courtroom - Astleford v. Commissioner, T.C. Memo 2008-128 - May 5, 2008
  • Cost of Capital Corner

ISSUE 12 – APRIL/MAY 08

  • Front page- Cost of Capital Insights
  • Mark Lee- Jelke, Again: The Built-In Capital Gains Tax for a Stock Portfolio held by a C Corporation: A Third Alternative View
  • Jim Alerding- Ethics: Knowledge of Independence Issues is Especially Important to CPAs
  • • Michael Mard- SFAS 141R Accelerates Fair Value
  • Stephen Bravo- The Appraiser Penalty— Are You “More Likely Than Not”?
  • Steven Campana (Guest Columnist) The Ratio of Depreciation and Capital Expenditures and the Related Capital Expenditures Debt Service: The Mark Lee Model Continued
  • Daubert on the Docket
  • Risk Management, Engagement Letters, Reports and Turning Down Work or... Protection, More Protection and Don’t Eat Bad Food
  • Harold Martin- The Vavasseur Prime Bank Securities Fraud: A New Variation on the Classic Ponzi Scheme
  • Robin Taylor- An Update on the AICPA Business Valuation Committee

ISSUE 11 – FEBRUARY/MARCH 08

  • Front page- A Look at Alternate Views on Discounts for Lack of Marketability
  • Jim Hitchner - Book Review An Integrated Theory, 2nd edition - Mercer
  • John Stockdale- A DLOM Computational Model
  • Marc Vianello (Guest Columnist)- New Insight into Calculating DLOMs: The VFC Longstaff DLOM Methodology
  • Z. Christopher Mercer- A Long but Important Answer to a Short but Important Question
  • Ronald Seigneur- The Mandelbaum Factors Revisited: A Peek Behind the Curtains
  • Jim Hitchner- Recent Daubert Study Very Revealing
  • Kristopher Boushie- Apportionment of Intellectual Property Damages and the Entire Market Value Rule
  • James Rigby - Understanding Royalty Rates
  • Steven Campana - A Letter to the Editor
  • Eva Lang- Google Docs
  • Cost of Capital Corner

ISSUE 10 – DECEMBER 07/JANUARY 08

  • Front page - BV Standards: The Positive Side
  • Marvin Brown- Cost of Capital and Directors’ Duty of Care: The Interrelationship
  • Larry Cook- Valuation Premise, Standard or Both? Strategic, Synergistic or Investment Value vs. FMV
  • Jacob, Smith Weiss- Quantifying the Probability of Going Public: One of the Many Challenges in Applying the PWERM
  • Scott Saltzman - Conflict of Interest: Marital Dissolutions
  • Gail Markham and Becky Bokrand- Components of a Damages Claim in a Wrongful Death Case
  • Richard Wise- Shareholder and Income Tax Litigation: Canadian Courts Look to U.S. Jurisprudence
  • In the Courtroom
  • Court Rules on Three Important Issues Concerning Experts: Equal Access to Documents, Why They Excluded an Expert under Daubert, and Supplementing Rule 26 Reports
  • Speculative and Unreliable Damage Calculation Causes Expert Exclusion; Failure to Discount Lost
  • Profits Causes Partial Testimony Exclusion
  • It Ain’t Over Till It’s Over and Be Careful What You Ask For--You Just Might Get It!
  • Estate of Jelke (Gilbert)
  • Daubert on the Docket
  • Cost of Capital Corner

ISSUE 9 – OCTOBER/NOVEMBER 2007

  • Front page- Divorce Valuation: A Tale of Two States
  • Linda Trugman- Proper Use of IBA Database
  • Steve Hyden- Fair Value Measurements- The Interrelated Issues of Market Participants and Highest and Best Use
  • Don Wisehart- Probability-Weighted Expected Return Method: ‘PWERM’ might make an analyst squirm
  • Ed Dupke- The New AICPA Business Valuation Standards
  • Nancy Fannon- Expert Testimony in the courtroom: Is vigorous cross-examination enough?
  • Bob Gray- Common Problems in Purchase Price Disputes: An M&A ‘Expectation GAP’ v. ‘GAP’
  • Jay Fishman- AWake-up Call for All Appraisers
  • Mark Dietrich- The Summer of Our Discontent: Centers for Medicare and Medicaid Services (CMS) Add to the Burden of a Long, Hot Summer

ISSUE 8 – AUGUST/SEPTEMBER 2007

  • Front page - Standards: A Summary of AICPA’s Updated BV Standards
  • Rod Burkert - Adjusted Present Value: An Alternative ro the Traditional DCF/WACC Model
  • M. Mark Lee - The Ratio of Depreciation and Capital Expenditures in DCF Terminal Values
  • Tom Hilton - The E-Discovery Amendments to the Federal Rules of Civil Procedure
  • Gil Matthews and Michelle Peterson- Fairness in Delaware Freezeout Transactions: How Two Discrepant Legal Standards Affect Valuations
  • Bruce Bingham- Report on Valuation Standards’ Activity
  • In the Courtroom - Valuation Group on Trial: Sued for Alleged Improper Valuation
  • Eva Lang - EDGAR to Undergo Major Update

ISSUE 7 – JUNE/JULY 2007

  • Front page - Managing Risk: Engagement Letter and Report Language Examples
  • Ron Seigneur - A Review of the 2007 Morningstar Classic and Valuation SBBI Editions
  • Scott Saltzman - IRC§ 409A: Why It is Important to Public and Private Companies
  • Richard Gray (guest) - Corporate Divorce: ‘Breaking Up is Hard to Do’
  • Michael Crain - Cost Estimation in IP Damages
  • Kristopher Boushie - Establishing a Cap on Patent Damages
  • Michael Kaplan - Valuation Experts and Invited Risk

ISSUE 6 – APRIL/MAY 2007

  • Front page - DCF The ‘Disconnected’ Cash Flow Method
  • Robert Grossman - What is the Level of Value Produced by the Guideline Publicly Traded Company Method?
  • John J. Stockdale- DLOM for a Controlling Interest?
  • Steve Bravo- Ready or Not Part 1- New Tax Law and More Guidance for Federal Tax-Related Valuations
  • Robin Taylor - Common Mistakes in Valuation Reports
  • Terry Allen - Teaching Business Valuation in Foreign Countries
  • R. James Alerding - Intellectual Asset Theft: Losing a Foothold
  • Larry Cook - ‘Sweating the Small Stuff’ in Collaborative Divorce
  • David Ellner - Book Review of Z. Christopher Mercer’s - Buy Sell Agreements: Ticking Time Bombs or Reasonable Resolutions?
  • “Testimony-als”
  • Steven Babitsky - The 10 Biggest Marketing Mistakes Experts Make and How to Avoid Them
  • In the Courtroom
    • Daubert Challenge Rejected: Assumptions in Expert Testimony Must be Tested by Cross-Examination and Introduction of Competing Testimony
    • Idaho Rejects Differentiation of Personal and Enterprise Goodwill in Professional Services
      Corporation
    • Daubert on the Docket

ISSUE 5 – FEBRUARY/MARCH 2007

  • Front page - Survival of the Fittest? Ten Experts Challenged in Daubert Case
  • Shannon Pratt - Pratt Says “Value” has no meaning unless the “standard of value” is defined
  • Dan Van Vleet - S Corporation Valuation Update
  • Tom Hilton - You Have to Be Believed to be Heard
  • Mark Dietrich - Regulatory Issues in Using Replication Cost for Valuing Physician Practices
  • Gail Markham - The Vital V’s of the Discovery Process
  • Mel Abraham- Family Limited Partnerships -Go forward and prosper, but watch your step!
  • Eva Lang- GOOGLE a Patent?
  • Linda Trugman - New IRS Business Valuation Guidelines
  • Robin Taylor - Common Mistakes in Valuation Reports
  • Richard Wise - Putting Fair Value Measurements to the ‘Attest’

ISSUE 4 – DECEMBER 2006/JANUARY 2007

  • Front Page - AICPA Standards Update: Interview with Ed Dupke
  • Rod Burkert - Developing the Cost of Equity: Ibbotson Associates vs. Duff & Phelps
  • Mike Mard - The Private Entities Endowed Research Fund
  • Steve Hyden - Overview of FASB’s New Fair Value Measurements: SFAS No. 157
  • Nancy Fannon - Presumed Innocent/Presumed Advocate? Why Experts Differ and What We Can Do About It
  • Scott Saltzman - Economic Damages: A Basic Primer on What Forensic Experts Need to Know
  • Jim Rigby - From Start-Up to Wind-Up: A Look at the High-Tech Industry
  • Mike Crain - News from the AICPA
  • Gary Trugman - Trugman Says... Valuation Landmines: If They Blow Up, You Do Not Want to be Close!
  • In the Courtroom
    • New Jersey Considers Fair Value and Synergy

ISSUE 3OCTOBER/NOVEMBER 2006

  • Front Page - Daubert on the Docket:
  • Nancy Fannon - Lag Time in Date of Appraisal Results in Another S Corp Win for the IRS
  • Ron Seigneur - Industry Risk Premiums: What They Are and How to Apply Them
  • Jim Alerding - I.P. Value or No Value?
  • Kristopher Boushie - The Bell Tolls for Trolls? Potential Impact of the eBay Decision on Patent Litigation
  • Michael Kaplan - The Evidence vs. the Litigant’s Spin on the Evidence
  • Harold Martin - The Vavasseur Prime Bank Securities Fraud: A New Variation on the Classic Ponzi Scheme
  • Don Barbo - Current Events in Ambulatory Surgery Center Valuations
  • Chris Mercer - Mercer Says: The Effect of Life Insurance Proceeds in Valuation for Buy-Sell Agreements
  • Eva Lang - Expert Resources: Understanding the Industry
  • In the Courtroom
    • Lost Profits Award Based on Comparable Dealerships and Management Projections Affirmed
    • Expert’s Testimony is a Reasonable Yardstick to Find Lost Profits Reasonably Certain

ISSUE 2AUGUST/SEPTEMBER 2006

  • Front Page - Fair Value Measurement: FASB Update
  • Robin Taylor - Sensitivity (or is it Sensibility?) Analysis
  • Robert Duffy - What’s in a Letter? An Introduction to 141R
  • Linda Trugman - Using the Income Approach to Value Family Limited Partnerships
  • Donald Wisehart - Dangers of Mixing Transaction Databases
  • Gail Markham - Are Stock Options Marital Assets Subject to Equitable Distribution?
  • Five Tips for Preparing an Engagement Letter
  • Steve Oscher (guest columnist) - Forensic Services in Fraud: From Super Nerd to Super Sleuth
  • Terry Allen - What is Unique About Bank Valuation?
  • Mike Hill Sr. - Hill Says... USPAP 2006: Major Changes Afoot
  • Robert Grossman - What’s Happening at the NACVA?
  • Eva Lang - Expert Resources: Alacra - They’ve Got the Good Stuff
  • In the Courtroom
    • Appreciation in Controlling Interest in Separate Property: Business Valued Using Recent
      Transaction of Minority Interest
    • Court Tax Affects S Corporation in Fair Value Matter
    • Herbert Kohler Jr. et. al. v. Commissioner

ISSUE 1JUNE/JULY 2006

  • Front Page - Litigation Services and Fees: What Clients Need to Know
  • Mel Abraham - Can a Hypothetical Buyer/Seller be Too Hypothetical?
  • Nancy Fannon - The Pratt’s Stats Private Transaction Database: Items You Need to Know
  • Robert Grossman - Does the Sum of the Parts Equal the Whole?
  • Rod Burkert - Control Adjustments and Levels of Value: Reality or Make-Believe?
  • John Stockdale - FLPs: Understanding Discounts from General Equity Closed-End Funds
  • Steve Hyden - Relief from Royalty Method
  • Mike Mard - Driving Your Company’s Value: Strategic Benchmarking for Value
  • Ron Seigneur - Introduction to Data Choices in the Income Approach to Value
  • Larry Cook - Resolving Tough Spots in Family Matters: Collaboration for Equitable Resolutions
  • Mike Crain - Financial Models: IP Valuation vs. IP Damage Measurements
  • Tom Hilton - The Damage Period: A Key Component in Economic Damages
  • Jim Alerding - What’s in a Name?
  • Michael Kaplan - Financial Experts: A Powerful But Underused Tool in Mediation
  • Eva Lang - Expert Resources: Fetch XL
  • Five Tips for Marketing and Managing a Practice
  • Bruce Bingham - Bingham Says... Guideline Public Company Method
  • Mike Hill Jr. - What’s Happening at the ASA?
  • Jim Rigby - Innovation and Software Firms
  • Mark Dietrich - A Brief Look into a Cloudy Crystal Ball: MedPAC’s 2006 Report
  • In the Courtroom
    • Event Study Analysis Rejected When Other Possible Events Not Considered
    • Consulting Company’s Lost Profits Speculative When Based on Potential Earnings of At-Will Employee
    • Recovery of Lost Business Profits as Loss of Earning Capacity in Personal Injury Actions
    • Huber v. Commissioner - Estate of Kelley v. Commissioner - Albert Strangi et. al. v. Commissioner
  • SEAK Deposition Preparation Outline