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Business Valuation News | August 2018

In recent Federal Court case of City of Hialeah Employees Retirement System v. FEI Co. (Case No. 3:16-cv-1792 SI (January 25, 2018 – LEXIS 11989), Plaintiff’s alleged that members of FEI’s Board of Directors and Management team relied on lower projects in their Proxy Statement and associated Fairness Opinion executed by their financial advisor, Goldman […]

Family Law ISBA April 2018 Published Article

Personal goodwill: Can we limit the subjectivity? Authored By: James S. Arogeti, CFA, Co- Author (s): Tony Garvy, ASA , Justin Pelock, CVA Goodwill is a catch-all term.  It is an expression used by professionals and academics to recognize a company’s value above its tangible assets.  In accounting, it is only recognized after a transaction occurs.  In finance, […]

Business Valuation Update | February 2018

Is Your CPA Prepared to Testify? In a recent court case from Nov. 17, 2017, a dissenting shareholder matter is a good reminder that it is selecting the right appraiser can make substantial difference between winning and losing. Springer v. The Library Store (2017 IL App (3d) 160577-U  

Business Valuation News | October 2017

Tax Case Utilizes Formula to Appraise Donated Remainder Interest  Taxpayer Grossly Overstates Deduction and Penalties Apply In RERI Holdings I, LLC V. Commissioner, 2017 USTC LEXIS 33 (July 3, 2017) the US Tax Court determined a value of just below $3.5MM for a interest that held a real estate partnership interest.  The taxpayer originally asserted […]

Business Valuation Expert’s Release 2017’s New Article Understanding RIAs in Valuation Demands

For Immediate Release: OFFICES IN CHICAGO & NAPLES (PRWEB) JULY 28, 2017 Published Article Summary: Business continuity has become a hot topic in the financial advisory industry. This is partially attributable to the generation gap. The Baby Boomers who have greatly expanded the landscape of the financial advisory industry are now contemplating retirement or selling their […]

Understanding RIAs Article: Author By: Tony Garvy, ASA Co-Authored By: James S. Arogeti, CFA

So, You’re Ready to Leave…What’s it Worth to You? Business continuity has become a hot topic in the financial advisory industry.  This is partially attributable to the generation gap.  The Baby Boomers who have greatly expanded the landscape of the financial advisory industry are now contemplating retirement or selling their ownership interests The Industry has […]

Who Doesn’t Like A Good Discount?

For Immediate Press Release: March 2016 Published By:  Tony Garvy, ASA  One of the economic benefits of proper tax planning:  One of the many reasons to engage in estate and general tax planning is to transfer assets and future economic benefits to one’s beneficiaries. High net worth individuals and families who plan ahead and work with knowledgeable advisers, including estate planning attorneys […]

Authors Tony Garvy and James S. Arogeti – Illinois State Bar Association Trusts & Estates Article

Published By: Tony Garvy, ASA and James Arogeti, CVA The Ninth Circuit Court Appeals’ recent reversal of the Tax Court in Estate of Natale B. Giustina v. Commissioner provides appraisers, tax planners and their clients with some much needed clarity on the appropriate valuation methods for minority interests in limited partnerships and holding companies as […]

2Q 2014

In 2Q 2014 CVS provided Continuing Legal Education presentations to six law firms in Chicagoland. Click for free CLE Luncheon. Our summer presentation: How to Review and Cross Examine an Expert Witness Report.