Articles From Brisbane Consulting Group
To Tax Affect or Not to Tax Affect? Federal Case Reviews the Tax-Affecting Debate for Pass-Through Entities
Posted by Louis Cercone, Jr. on October 22, 2019
In Kress v. United States, a federal district court accepted the practice of tax affecting the earnings of so-called “pass-through” entities. It also rejected the application of a premium to reflect the tax advantages of owning a minority interest in a pass-through business.
Posted by William P. Allen on October 08, 2019
When high net worth individuals file for divorce, both sides have a financial incentive to hide assets owned by their spousal “partnership,” so it is important to inventory the marital estate as soon as possible.
Posted by Louis Cercone, Jr. on September 17, 2019
Delaware’s Supreme Court recently struck down a controversial statutory appraisal decision in Verition Partners Master Fund Ltd. v. Aruba Networks, Inc.
Posted by Louis Cercone, Jr. on August 20, 2019
The buyout provision of an owners’ agreement must be carefully drafted and regularly reviewed. If it isn’t, the buyout may not be legally enforceable — or serve the owners’ current needs.
Posted by William P. Allen on August 06, 2019
In litigation involving professional practices, many courts have recognized the importance of industry-specific valuation experience.
Posted by Louis Cercone, Jr. on July 16, 2019
In mergers and acquisitions, the target company’s financial statements provide the numbers to support the selling price, but those quantitative results may not be sustainable.
Posted by Louis Cercone, Jr. on June 18, 2019
In commercial tort claims, courts must decide how much damage the plaintiff suffered from the defendant’s alleged wrongdoing. A recent Eighth U.S. Circuit Court of Appeals case upheld a jury’s damages award based on lost market value, even though the business wasn’t completely destroyed.