Business Valuation - Damages
Damages are, in some cases, measured by the loss of business value resulting from a defendant’s wrongful actions. Financial Accounting Standards Board Opinion No. 141 provides a recognized methodology for the allocation of business value among the business’ various identifiable tangible and intangible assets, and remainderment goodwill.
We have applied business valuation concepts to quantify:
- The Fair Value of corporate assets and un-booked income tax benefits subject to a “Shareholders’ Separation Agreement.”
- The Fair Market Value of a closely held clothing distributorship as required in conjunction with gifting and estate planning.
- The Fair Market Value of a business asserted to have been greatly impaired by the plaintiff’s wrongful actions.
- The effect of misrepresentations warranted as truthful on the Fair Market Value of an acquired business.
- The value of an infringed trade name by reference to the defendant’s business records including the allocation of its price based on Fair Value measurement.
- The incremental Fair Value of customers lost as a result of the defendant’s improper competitive actions.
