Valuation: The “Eye of the Beholder” Causes Disputes

$95.00

CLE credits earned: 1 General Credit (WA 1 Law and Legal)

The need to value closely held corporations and associated real estate frequently arises in the context of disputes within closely held corporations and estate administration. The value of such assets, however, is often fogged by the differing perceptions of the various stakeholders. Disputes in valuation of these assets can occur due to differing perceptions about how to value the business and the “eye of the beholder” of different stakeholders. In this presentation, Robins Kaplan Partner Anne Locker and Senior Forensic Accountant Richard Zabel will examine the three general approaches to valuation of a closely held business, along with the effects of several other factors in determining a valuation. They will also discuss when it is beneficial to separate a business from its real estate to achieve alternative goals.

This course is co-sponsored with myLawCLE.

Key topics to be discussed:

• The pros and cons for the three approaches to valuation: cost/asset approach, income approach, and market approach
• How opinions of minority stakeholders or family dynamics can factor into a valuation
• How general financial conditions can affect valuation
• How COVID-19 might impact valuations and disputes where valuations are necessary.

Date / Time: December 17, 2020

•   1:00 pm – 2:00 pm Eastern
•   12:00 pm – 1:00 pm Central
•   11:00 am – 12:00 pm Mountain
•   10:00 am – 11:00 am Pacific

Choose a format:

•   Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.
•   On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 24 hours after the original recording date and are view-able for up to one year.

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Original Broadcast Date: December 17, 2020

Anne M. Lockner | Partner | Robins Kaplan LLP

Ms. Lockner is a partner in the firm’s business litigation department who works with business leaders facing legal disputes that cause financial exposure and other risks to their business. Using her extensive litigation and trial experience, Ms. Lockner offers strategic legal guidance on how to use litigation—either defensively or affirmatively—to meet their business objectives. As a trial attorney, she has the skills and expertise to wield the threat of trial as a sword, but understands and appreciates her clients’ need to use it only as weapon of last resort. Ultimately, Ms. Lockner’s goal is to further her clients’ objectives which are often to mitigate the risk to the business, maximize its financial recovery, and where feasible, position the company for a win-win business resolution.
 
 
 
Richard R. Zabel, C.P.A. | Financial Industries Director | Robins Kaplan LLP

Richard Zabel is a certified public accountant with more than 25 years of experience in litigation support, calculation of damages, strategic assessment, financial analysis and valuations of a wide variety of business in both public and private sectors. He has testified in federal and state courts as an expert in financial and economic matters.

While at Robins Kaplan LLP, Mr. Zabel has conducted strategic assessments of numerous economic and financial issues, assisted in development of new matters, and has developed the Financial and Economic Consultants to support the firm’s attorneys on a variety of economic and financial issues.
 
 

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