Damage Actions, Dissent and Oppression Actions, Marital Dissolutions, Business Valuations

Business Valuations

Shannon Pratt Business Valuations

Business valuation is defined as "the act or process of determining the value of a business enterprise or ownership interest therein." The type of business valuation required on an assignment is contingent on the purpose of the engagement.

Valuation services:

Valuation analyses
Comprehensive valuation reports
Valuation report reviews
Expert testimony
Fairness and Solvency opinions
Bankruptcy reorganization
Arbitrations

These can include but are not limited to:

Gift and Estate Taxes
Mergers and acquisitions
Going private transactions
Transactions in company stock
Employee stock ownership plans (ESOPs)
Corporate and partnership dissolutions
Dissenting stockholder or shareholder oppression actions
Damage actions
Dissent and oppression actions
Marital dissolutions
Partnership or corporate dissolution
Bankruptcy reorganization
Liquidation
Buy-sell agreement pricing

Estimations of Damage

Shannon Pratt Business Valuations

Most damage claims are calculated by administering one or both of the following methods:

Before and after
Yardstick ("comparable") Sales projection ("but for")

Report Reviews

Shannon Pratt Business Valuations

We will review your report or the opposing side's report to verify that it meets all USPAP Reporting Standards, IRS business valuation guidelines (if it's a valuation for tax purposes), as well as any applicable association standards. We will also check these reports for strengths and weaknesses, accuracy, relevance and quality.

Research Services

Shannon Pratt Business Valuations

Guideline Company searches, economic analysis, and much more.

Expert Testimony

Shannon Pratt Business Valuations

Deposition testimony or courtroom testimony if this becomes necessary following a business valuation engagement.

Fairness Opinions

Shannon Pratt Business Valuations

A fairness opinion is generally required when a publicly traded corporation is involved in a merger, acquisition, or other type of transaction where the board of directors wants to have an independent appraiser give its blessing to the transaction.