Farrel Fritz

AUGUST 14, 2023

The authors of this blog have a special affinity for fair value appraisal proceedings. With that appetite in mind, I’m delighted to blog about a recent decision from New York County Commercial Division Justice Jennifer Schecter , Rosenthal v Erber , No. Erber’s expert utilized a capitalization of excess earnings method.

Appraisal 52

Appraisal Fair Market Value Excess Earnings Method Discounted Cash Flow 52

Value Scope

JULY 21, 2020

The Multiperiod Excess Earnings Method, (“MEEM”) has more promise. It is an income approach, using discounted cash-flow analysis. But instead of using the whole entity’s cash flow, with the MEEM we will isolate the cash flows that we can prove are driven by specific ESG factors.

Intangible Assets 130

Intangible Assets Beta Alpha Unlevered Beta 130

Value Scope

SEPTEMBER 24, 2020

The Multiperiod Excess Earnings Method, (“MPEEM”), has more promise. It is an income approach, using discounted cash-flow analysis. But instead of using the whole entity’s cash flow, with the MPEEM we will isolate the cash flows that we can prove are driven by specific ESG factors.

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130