By what “standard of value” should a business be appraised? That may sound like a peculiar question at first blush, but it is one that has a significant meaning when one is determining the value of a private business interest. According to the International Glossary of Business Valuation Terms, “standard of value” refers to the…
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Financial Strategies in a Post-DOMA World
The Supreme Court’s decision declaring the Defense of Marriage Act (DOMA) unconstitutional was a watershed event that may require some same-sex couples to reconsider the financial strategies they currently have in place. But uncertainties abound. Federal agencies still need to interpret portions of Supreme Court’s ruling. And, with many states not recognizing same-sex marriages, challenges…
Valuations in Shareholder Disputes
Shareholder disputes are common occurrences in today’s complex business world. These disputes can often be divisive, long-lasting and expensive. They can arise in almost any privately owned business — sometimes without warning. Here are come common types of lawsuits minority shareholders may file against controlling shareholders: Dissenters Rights Actions State law may give corporate shareholders the…