Articles by David H Goodman

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Choosing the Financial Expert Witness

Attorneys often have needs for financial expert witnesses: personal injury, damage awards, tax law, shareholder actions, divorce, and other litigation matters. These cases may involve forensic accounting, financial or economic analysis, business valuation services, tax analyses, and so forth. Choosing the right expert is often one of the most important decisions an attorney is faced with —especially if the attorney is not experienced in choosing an expert. To succeed an expert must be credible. A credible expert will be knowledgeable, experienced, objective, and an effective communicator. Attorneys looking for an expert often ask other attorneys for a referral, but the process does not stop here. You must decide for yourself if you have found the right expert for your needs. Read more about the Expert Witness...

The Assumptions Underlying Business Appraisals

Business appraisals are prepared for many purposes: divorce settlements, determining the value of a gift of an interest in a family owned business, or in shareholder actions.  A valuation may be performed to value stock options of a closely held business or the purpose may be to determine what the value of the business would be if it had not entered bankruptcy.  Whatever the purpose of the appraisal, there are key underlying assumptions that need to be understood to grasp what a business appraisal does tell you and what it does not.  This understanding is key to defending or attacking a business appraisal. Read more about Business Appraisals...

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