Valuation & Litigation

The following summarizes various business valuation engagements. They demonstrate our firm's comprehensive knowledge of the valuation and litigation arena.

• Valuation for management purposes and internal buy-sell agreement for a manufacturing business. The sole stockholder desired to sell a portion of his stock to key-employees, at a fair market value. Our firm was engaged by the corporation to provide independent services which benefitted both the existing stockholder and the key-employees (soon to be stockholders). Additional work included assisting the corporate attorney with specific valuation wording within the executed agreements.

• Valuation for internal management use that included valuing a membership interest in an active medical practice. An independent value was sought by the company for use in the admission of new members and retirement of existing members.

• Valuation consulting regarding fair market value of a partnership interest when a minority partner sought redemption of his interest.

• Valuation and litigation support for a business owner who had earlier sold his business to a third party and later was sued for misrepresentation of the worth of the business. Our firm was hired to provide an independent value of the business at the time of the sale, along with related testimony.

• Valuation of stock in a machining business for a 50% stockholder that wanted to sell his stock to the other 50% owner. Both stockholders were involved with the operation of the company to varying degrees and brought different strengths to the business. Our firm was hired as an independent party to determine the fair market value of the 50% stockholder interest.

• Valuation and litigation support for a stockholder dispute that included charges of fraud and misuse of company funds. Our firm was jointly retained by both the plaintiff's and defendant's attorneys as an independent expert. The services provided by BCC, consisted of assistance with accounting and valuation issues.

• We completed the valuation of numerous entities for a large estate of a decedent.  The entities included C corporations, S corporations and partnerships with interrelated activities and ownership.  Partnership agreement terms as well as state law were critical in assessing the level of control in the engagement.

• We provided valuation services to a bank, acting as executor of an estate which owned a large distributorship in the construction industry.  The company maintained a buy-sell agreement with its largest stockholder, the decedent, which influenced the valuation conclusion.