A valuation expert witness typically has experience in forensic accounting, appraisal, economic damage, real estate, business valuation, and/or intellectual property valuation. Cahn Litigation Services is skilled and experienced at identifying the ideal expert to provide expert witness services for valuation matters, and is frequently called upon by law firm clients to find a business valuation expert witness, real estate appraisal expert, certified public accountant (CPA), and other specialized valuation experts.
In the world of finance, a valuation determines, or influences, the present economic value, or fair market value, of an asset. Assets can be tangible (real estate, art, product inventory), or intangible (patents, brand).
There are many reasons for the valuation of an asset, such as for tax purposes, mergers/acquisitions, or litigation. Valuation methodologies vary depending on the situation. All valuation models have limitations; a valuation requires assumptions and acumen. Therefore, outcomes will vary depending on the assumptions used. When selecting a valuation expert witness it is important to inquire about past appraisals and ask what models and assumptions were used.
Forensic accounting is a specialty practice area of accounting, and requires accounting, auditing, quantitative methods, knowledge of certain areas of the law, and investigative skills. Forensic accounting is defined as “the application of investigative and analytical skills for the purpose of resolving financial issues in a manner that meets standards required by courts of law.”
The reasons for a valuation of an asset are countless. Examples of valuation matters that would require expertise and expert witness work include intellectual property matters (trademark/patent/trade secret), family law (asset valuation), breach of contract, business valuation (mergers and acquisitions, shareholder disputes, bankruptcy), product liability, and fraud.
Litigation support by a valuation expert witness could include an expert report, expert opinion, and expert testimony in court. In a high-profile case, or litigation involving a significant financial stake, a law firm may request a testifying expert with prior testifying experience. A valuation expert witness needs to not only have expertise but must also possess the ability to explain technology to lay people, such as judge and jury. In addition, clients may seek a valuation industry expert for pre-litigation consulting work.
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 Valuation experts known by Cahn Litigation Services. These bios are provided to give attorneys a sense of the Valuation landscape.
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.
This expert leads the intellectual property valuation practice of an internationally recognized consultancy, specializing in Valuation Advisory, Transaction Opinions, and Dispute Consulting. This expert has many years of experience providing consulting services to corporations, law firms, universities, and investment firms primarily in the areas of intellectual property valuation, damages, monetization, and management. This expert has provided testimony as a damages and valuation expert in intellectual property-related litigation including having offered opinions in Federal District Court. This expert has testified on a variety of dispute matters including those with claims associated with patent infringement, trade secret misappropriation, fraudulent transfer, breach of contract, and others. This expert has also led project teams on a variety of pre-case and early-case assessments of intellectual property-related damages to assist with decisions related to whether a case should be filed and to support dispute resolution efforts. This expert has performed due diligence and valued intellectual property and other intangible assets for a variety of purposes including: transactions (licensing, purchase/sale, joint ventures, mergers and acquisitions), tax strategy and compliance (transfer pricing, trust & estate issues), corporate strategic decision-making, use of intellectual property to attract capital (debt and equity financing), financial reporting, regulatory compliance (Stark Law, Anti-Kickback Statute), and bankruptcy, among others. This expert has been directly involved in intellectual property licensing negotiations and has developed many reusable intellectual property pricing/valuation models for corporate licensing activities and investment decisions. This expert is an adjunct professor at a Law School where this expert teaches a course on intellectual property valuation. This expert has spoken at conferences or other events for many leading intellectual property, legal, and business organizations including the Intellectual Property Owners Association (IPO), Licensing Executives Society (LES), American Bar Association (ABA), American Intellectual Property Law Association (AIPLA), Intellectual Property Law Association of Chicago (IPLAC), and China Appraisal Society, among others.
This expert is Managing Director of a nationally recognized business valuation/investigative services and tax consulting and compliance firm. This expert has provided business valuation, dispute advisory, forensic accounting, and tax consulting services to clients for many years. This expert has also implemented and administered back and middle office operations for private equity and venture capital funds.
With respect to litigation support activities, this expert is a recognized business valuation and economic damages expert, and has presented expert witness testimony in these areas on numerous occasions. Among other engagements, this expert has provided business valuation services for M&A transactions, corporate divestitures, marital dissolutions, shareholder/partner disputes, joint ventures, estate and gift tax matters, and has analyzed economic damages for both plaintiffs and defendants. On each engagement, this expert uses training as a forensic accountant to formulate comprehensive and understandable analyses.
With respect to forensic accounting expertise, this expert has assisted attorneys throughout all phases of investigations from pre-case assessment through expert witness testimony. Among other engagements, this expert has provided forensic accounting services related to procurement reviews, tenant/landlord lease verifications, and income/cash flow assessments.
This expert holds the following certifications and qualifications:
This expert has authored articles, and has presented at numerous business conferences.
This expert is an accredited business valuation consultant in the Litigation, Forensic, and Valuation Services Group of a nationally recognized leading consultancy. This expert is an executive with many years of experience in valuation, M&A, corporate finance, forensic accounting, litigation support and expert testimony.
This expert's practice includes dozens of engagements over the years related to partnership and other business disputes requiring forensic accounting, damages analysis and business valuation. These disputed matters have often involved companies in the wholesale and retail food industry, shareholder disputes, mergers and acquisitions, buy/sell agreements, and estate planning. This expert has also valued partial equity interests and stock options. This expert provides fair value financial analysis including ASC 805 purchase price allocations and valuations of intangible assets such as trade names/brands, customer relationships, royalties, patents and technology. This expert has also performed lost profits and financial damages analyses.
This expert worked as an independent consultant specializing in business valuation and litigation support, and has spent time working among the ranks of the Big Four. This expert also has experience in investment banking, corporate development, and venture capital investments.
This expert has the distinction of being an Accredited Senior Appraiser (ASA) in business valuation with the American Society of Appraisers. This expert is a Certified Patent Valuation Analyst.
This expert is the founder and team leader of a highly successful consultancy. This expert is a licensed Certified Public Accountant and has multiple accreditations in business valuation and forensic accounting, including Accredited in Business Valuation, Certified Financial Forensics, Certified Valuation Analyst and Certified Business Appraiser. This expert also has a Master's degree in Taxation. In addition to being a prolific writer in multiple areas involving litigation support, this expert frequently lectures before the legal community on varied financial topics. This expert also has extensive experience as an expert witness.
As an expert in business valuation, forensic accounting, and financial investigations, this expert assists attorneys step by step through the various intricacies of each case and is recognized for an unparalleled ability to present and address financial issues in a clear, organized and strategic manner.
As a valuation and forensic accounting expert, this expert deciphers and uncovers transactions that may have intentionally or unintentionally adversely affected an individual, business or organization. This expert's efforts provide clients with the evidence needed to support their case. This expert investigates business transactions, economic crimes, civil litigation matters and perform specialized audits including:
- Missing assets
- Fund transfers
- Underreporting of income
- Overstating of expenses, and
- Dissipation of assets
This expert at the various methods of Business Valuation, including the asset-based, market approach and income approach methodologies.
This expert is Managing Director of the Valuation Advisory group of a well-known independent business advisory consultancy. This expert has extensive experience in the field of valuation, litigation and related expert testimony, and mergers & acquisitions. Specializing in shareholder disputes, fraudulent conveyance matters, transaction disputes, and bankruptcy related valuation litigation, this expert has valued well over 1,000 private companies including hundreds of real estate holding companies requiring detailed review of the terms of the operating agreements and the factors that impact value, purchase consideration, and the terms of the buyout. These valuations have been done both in and out of the context of litigation. This expert has also been involved in dozens of valuations where shareholder oppression was being alleged and impacted the process. This expert has testified in two of the largest shareholder disputes among real estate family holding companies. Though the structures of the companies were quite different, both were valuations done in the context of a buyout of minority owners and involved oppression claims. One of the matters had one company that owned many properties, and the other had over 50 legal entities that owned over 50 properties. This expert valued each legal entity, including the application of valuation discounts.
This expert is a founding member of an independent business advisory and transaction services consultancy. This expert brings to the table many years of valuation, financial analysis and litigation support experience, specializing as a consultant and expert in the fields of forensic accounting, economic damages analysis in commercial disputes, business valuation and automotive industry issues. This expert also has served as financial advisor to bank groups and creditor committees in connection with financial restructuring. Prior to founding the firm, this expert was the partner in charge of the Financial & Economic Consulting practices of a large accounting firm. This expert also served as an associate, manager and partner in the firm's assurance and corporate finance practices. This expert has served as a financial expert in well over two hundred engagements involving testimony in deposition, trial and alternative dispute resolution settings as an expert in auditing and accounting, commercial economics, financial and operational analysis, fraud investigation, determination of economic damages and business valuation. This expert has also participated in hundreds of additional commercial dispute engagements in a consulting role, a mediation role or where resolution of the matter was achieved without expert testimony. Matters addressed in these engagements include:
This expert has served as a sole arbitrator, court-appointed expert and arbitration panelist in matters involving commercial disputes, post-acquisition disputes and stockholder valuation disputes. This expert has been a course instructor, seminar leader and speaker at numerous professional conferences and continuing education programs on topics including auditing and accounting, litigation consulting, accounting theory and practice and forensic accounting and has been involved in the MICPA Litigation Consulting and Business Valuation Committee and the MICPA Fraud Issues Task Force.
This expert is the Managing Director at a nationally recognized and well respected intellectual asset consulting firm specializing in right of publicity valuation, licensing, trademark, patent, copyright and expert testimony. This expert earned a B.S. in Economics, and later went on to earn an MBA, with a concentration in Finance.
This expert has a broad view of the world of intellectual property and intangible assets. This expert has lectured, spoken, and written on the topic of IP valuation, as well as the licensing of various intellectual property rights. This expert is a contributing author to two books, and is author and co-author of several articles on intellectual property valuation. Coupled with an analytical approach to finance and economics, this expert has a unique view and expertise in intellectual property and intangible asset valuation and monetization.
This expert has been designated as the testifying expert in matters pertaining to, rights of publicity (ROP), trademark, patent, database, copyright, and website valuation and damages - this expert has testified in both domestic and international courts. Through trial testimony, deposition testimony, and numerous Rule 26 reports, this expert's expertise has been established and reaffirmed.
This expert has performed valuations of intangible assets and intellectual properties for corporate litigation and business/transaction purposes. This expert's project work spans the full spectrum of the intellectual property realm. Industries worked on include: entertainment, government, software, banking, healthcare, construction, retail, energy, and manufacturing. This expert has managed projects involving: license structuring and negotiation; valuation for litigation; sale/purchase valuation and negotiation; estate valuation; and valuation in expropriation and foreign markets.
This expert is a UK chartered surveyor, Polish qualified valuer and a recognized European Valuer with many years of experience as a property consultant in the UK and mainland Europe. This expert set up the real estate services arm of a consulting company in Poland and was also involved in agency and property consultancy work in the Czech Republic, Hungary and Russia.
This expert is involved in the The European Group of Valuers' Associations (TEGoVA) and The Polish Federation of Valuers Associations (PFVA). This expert contributed to the Appraisal Institute's reference book.
This expert has many years' experience with the Serbian market and was an author of Serbian valuation licensing law and standards. This expert has acted as an expert witness in many international arbitration and court cases concerning property valuation issues, including on the winning side as an expert valuation witness before the International Arbitration Tribunal in The Hague.
This expert serves as a director of an independent business advisory and transaction services consultancy. This expert is a Certified Public Accountant (CPA), a Certified Valuation Analyst (CVA), Accredited in Business Valuations (ABV), and Certified in Financial Forensics (CFF) and has expertise in tax, accounting, litigation support, business valuation, complex data analysis, financial modeling and has developed various financial modeling tools. This expert has been involved in a wide range of litigation consulting services, providing expertise in the quantification of economic damages in matters ranging from patent and trademark infringement, misappropriation of trade secrets, shareholder disputes, business interruption claims, professional malpractice, and contract claims. In connection with these services, this expert regularly performs fact finding and discovery assistance, lost profit calculations, reasonable royalty rate calculations, business valuations, lost earnings and wages computations, and other financial analyses. This expert's business valuation experience includes valuations for business disputes, shareholder agreements, mergers and acquisitions, divorce, and prenuptial agreement purposes. The valuations have encompassed non-marketable, controlling and minority interests in corporations, partnerships, and limited liability companies. This expert brings to the table many years of accounting experience including supervising, reviewing and preparing financial reports, budgets, forecasts, projections, and business plans. This expert has been a speaker at professional conferences on topics including intellectual property damages and business valuations. This expert has been on the MACPA's planning committee for the Litigation and Business Valuation Annual Conference, and the Litigation Mock Trial, and the Fraud Issues Conference. This expert has also volunteered as an expert witness in the Institute for Continuing Legal Education's Deposition Skills Workshop.