Equipment Appraisal Expert Witnesses
What is an equipment appraisal expert witness?
Equipment appraisal expert witness candidates typically have years of experience in forensic accounting, appraisal methodologies, and/or are accredited as a Certified Public Accountant (CPA). Scrap recycling expert witnesses may assist when equipment appraisal matters involve liquidation of equipment assets. The expert witness chosen often has a professional appraisal practice, and could be a member of an industry organization such as the Appraisers Association of America (AAA), the American Society of Appraisers (ASA), or the International Society of Appraisers (ISA).
What types of cases require an equipment appraisal expert witness?
Appraisal methodologies vary depending on the situation, and all appraisal models have limitations; a valuation requires assumptions and acumen. Therefore, outcomes will vary depending on the assumptions used. When selecting an equipment appraisal expert, it is important to inquire about past appraisals and ask what models and assumptions were used. The Uniform Standards of Professional Appraisal Practice (USPAP) is the recognized ethical and performance standards for the appraisal profession in the United States.
Examples of equipment appraisal matters that would require expert witness services include intellectual property matters (patent infringement or trade secret issues), family law (personal property asset valuation), business valuation, scrap recycling valuation, product liability, and fraud.
Equipment appraisal expert witness case examples
Leading litigation law firms consider Cahn Litigation Services as the service provider of choice when it comes to identifying valuation and appraisal experts. Past searches have included identifying equipment appraiser for:
- an industrial machinery appraisal for a Connecticut-based firm,
- IRS dispute,
- equipment appraisal services for bankruptcy liquidation in Indiana,
- automotive manufacturing equipment appraisal for a Texas litigation,
- heavy equipment appraisal in New York for mergers & acquisitions due diligence, and
- metalworking equipment valuation.
What litigation support work might an equipment appraisal expert witness be expected to perform?
Litigation support by a professional equipment appraiser could include research and authoring expert reports, providing expert opinions, and expert testimony at deposition and in court. An appraisal expert witness needs to not only have expertise but must also possess the ability to explain the evidence to lay people, as well as withstand the scrutiny of a cross examination. In a high-profile case, or litigation involving a significant financial stake, law firms may request a professional appraiser with prior expert witness testimony experience.
Cahn Litigation Services has the skills and experience needed to identify the ideal machinery & equipment appraisal expert witness. The firm has an earned reputation for presenting candidates with just the right combination of expertise and testimony experience.
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Equipment Appraisal Expert Witness - Representative Bios
Please Note: All Cahn Litigation expert witness searches are customized to attorneys' precise specifications and preferences. Attorneys are encouraged to discuss search parameters with a Cahn search specialist.
The below expert witness bios represent a small fraction of those Equipment Appraisal experts known by Cahn Litigation Services. These bios are provided to give lawyers a sense of the Equipment Appraisal landscape.
Expert Witness #255188
This expert is Principal of an appraisal firm with many years of experience as full time appraiser. Certified by the American Society of Appraisers with a Senior Appraiser designation in the Machinery & Technical Specialties Discipline, this expert has completed machinery and equipment appraisals, including:
- Transportation Equipment
- Manufacturing Equipment
- Material Handling Equipment
- Scrap Metal Recycle
- Construction/Agriculture Equipment
This expert has a wide range of appraisal experience with emphasis in providing valuations for Internal Revenue Service (IRS) appraisal requirements, Financial Accounting Standards Board (FASB) requirements, bankruptcy appraisals, insurance appraisals, and casualty loss appraisals. This expert has provided both Restricted and Full Appraisal Reports, and has served as an expert witness being deposed and testifying in court.
Start Equipment Appraisal Expert SearchExpert Witness #254970
This expert is an appraisal professional with many years of business consulting experience and holds a National Master Certification in Machinery and Equipment Appraisal. This expert also holds a Certification as a Senior Business Analyst in multiple states. This expert's knowledge of Machinery and Business comes from a vast array of personal experience. This expert had the opportunity to directly apprentice under a Director of the NEBB Institute and has personally trained over 1000 Machinery and Equipment Appraisers. This expert honed a Business Consulting skillset and learned the intricacies of Business Brokerage, Equipment Appraisal, and Equipment Brokerage.
This expert currently specializes in Strategic Business Consulting, Business Grooming with intent to Sell, and performing Machinery / Equipment Appraisals for clients. These clients include Fortune 500, International Companies, Federal / State / Municipal Agencies, Banking Institutions, Law Firms, CPA / Accounting Firms, and companies of nearly every type and size. This expert's deep understanding of current business trends and how they impact a company allows this expert to give knowledgeable strategic business advice. This expert has been awarded the professional designation of MCMEA, and CMEA by the National Equipment Business Brokers Institute also the Designation of CSBA by the Society of Business Analysts. These organizations are made up of Trusted Advisors including Attorneys, CPAs, Business Brokers, and Financial professionals. As a Certified Machinery and Equipment Appraiser, this expert is trained and compliant with the Uniform Standards of Professional Appraisal Practice (U.S.P.A.P.). This expert has extensive prior litigation experience and has been deposed and testified several times.
Start Equipment Appraisal Expert SearchExpert Witness #255192
This expert is President of an internationally recognized M&A consultancy specializing in the Appraisal/Valuation and liquidation of assets. This expert has appraised/valued numerous businesses and many types of Machinery & Equipment. Among others, this expert holds the following accreditations:
Master Certified Machinery & Equipment Appraiser
Certified Senior Business Analyst
Certified Firearms Appraiser
Examples of businesses this expert has valued for sale include:
- Distributor of Fasteners
- Tool & Die, Prototypes, Machine Shop
- Vehicle Safety Equipment
- Metal Finishing
This expert has a wide range of appraisal experience with emphasis in providing valuations for Internal Revenue Service (IRS) appraisal requirements, Financial Accounting Standards Board (FASB) requirements, bankruptcy appraisals, insurance appraisals, and casualty loss appraisals. This expert has provided both Restricted and Full Appraisal Reports, and has served as an expert witness being deposed and testifying in court.
Start Equipment Appraisal Expert SearchExpert Witness #255118
This expert is an appraisal professional. This expert's role is to provide clients with quality M&E appraisals that meet the highest industry and governmental standards. This expert's project portfolio covers a wide range of industries and asset types, and this expert strives for consistency, competency, and reliability. This expert's appraisals are strictly compliant with the Uniform Standards of Professional Appraisal Practice (USPAP), the Code of Ethics of the American Society of Appraisers (ASA), and all Small Business Administration (SBA) standards. This expert will also customize any appraisal as necessary to meet the specific requirement of clients' lending, legal, tax, and insurance institutions. This expert has performed more than 250 appraisals, conducted as Sole or Lead Appraiser leading to more than $550,000,000 total valuations. Additionally, this expert has contributed to approx. 50 appraisals as Valuation Assistant or Assistant Appraiser. This expert holds the Accredited Senior Appraiser (ASA-MTS) designation with the ASA, the Certified Equipment Appraiser (CEA) designation with the Association of Machinery and Equipment Appraisers, and the Master Personal Property Appraiser (MPPA) designation with the National Auctioneers Association. This expert holds active memberships in the ASA, AMEA, and NAA.
Start Equipment Appraisal Expert SearchExpert Witness #255104
This expert is an appraisal professional with many years of experience as full-time machinery and equipment appraiser. Certified by the American Society of Appraisers as a Senior Appraisers, this expert has completed 750 machinery and equipment appraisals, including:
- Tool and Die
- Metal Fabricating
- Plastic Injection Molding
- Scrap Metal Recycle
- Spring Maker
Prior to becoming a valuation professional, this expert was President and owner of a Tool and Die manufacturing company where this expert spent many years as a tool manufacturing, designing and engineering professional. This provides a highly desirable and unique skillset for the valuation of fabricated automotive parts such as fasteners. This expert has prior litigation experience and has been deposed and testified several times.
Start Equipment Appraisal Expert SearchExpert Witness #254986
This expert serves as Managing Director of industrial and inventory valuations for a large, internationally recognized consultancy and has direct experience regarding the appraisal of fasteners. Prior to this role, this expert headed a large commercial appraiser's Inventory Valuation practice, where this expert's team produced reports used primarily for financing and financial reporting. With many years of experience, this expert has directed inventory appraisals across a wide range of industries, including aerospace, apparel, chemicals, food processing, building products, beverage, giftware, furniture, healthcare, home furnishings, industrial machinery, lumber, machine tools, medical devices, metals, paper, pharmaceuticals, plastics, retail, technology, textiles and transportation.
While most of this expert's direct experience with fasteners has been as part of industrial appraisals, this expert has also worked on multiple liquidations where fasteners were sold; in these liquidations, the fasteners were ancillary assets and not the primary focus of the sales. Most prominently, this expert has appraised the inventory of a fastener company for a secured lender prior to its bankruptcy and its eventually sale through a bankruptcy process. In this case, this expert conducted appraisal work (multiple times) and provided consulting services to the secured lender during the bankruptcy process. This expert has also completed multiple appraisals of other companies that manufactured and distributed fasteners.
As an expert witness, this expert has experience testifying before federal bankruptcy court as well as supporting litigation through depositions, affidavits of value, and consulting experience. This expert also has experience with machinery and equipment appraisals, marine assets, fishery permits and has managed many inventory auctions and liquidations. This expert is a member of the Association for Corporate Growth and the Turnaround Management Association. This expert frequently speaks on valuation topics and has published several articles related to the appraisal process. This expert is a Candidate of the American Society of Appraisers, and has completed the Uniform Standards of Professional Appraisal Practice (USPAP) coursework.
Start Equipment Appraisal Expert SearchExpert Witness #248731
This expert is a managing director with a financial consultancy firm and an Accredited Senior Appraiser and Fellow (FASA) of the American Society of Appraisers (ASA) (their highest designation), Business Valuation. This expert has provided testimony as to the value of the common stock of a scrap tire recycling company. Formerly Managing Director of a management consulting company, this expert founded its U.S. Valuation Services practice and managed the real estate appraisal practice.
This expert has directed valuations of businesses, interests in businesses, intellectual property, intangible assets, real property and machinery and equipment. This expert has testified in court as an expert witness on matters of solvency, the value of closely held businesses and business interests, valuation and amortization of intangible assets and other valuation issues. This expert's testimony in U.S. District Court was referenced in a U.S. Supreme Court opinion decided in the client's favor. This expert is co-author of several books, and has taught courses for the American Society of Appraisers.
Start Equipment Appraisal Expert Search