article thumbnail

Recent Decisions Enforce LLC Member’s Right of First Refusal, Restrict Partnership Accounting, and Allow Damages Claim for Breach of Oral Shareholders Agreement

Farrel Fritz

The third, involving a close corporation, considers whether an alleged oral agreement to grow and manage a karaoke lounge without salary in exchange for a 25% equity interest if the venture became profitable, entitled the manager to 25% of the venture’s value following his ouster.

article thumbnail

Transcending Fair Market Value

Value Scope

This paper attempts to explain and distinguish between various valuation concepts, such as price, fair market value, fair value, liquidation value, intrinsic value, financial value versus strategic value, monetary versus economic value, emotional and psychic value, among others.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Transcending Fair Market Value

Value Scope

This paper attempts to explain and distinguish between various valuation concepts, such as price, fair market value, fair value, liquidation value, intrinsic value, financial value versus strategic value, monetary versus economic value, emotional and psychic value, among others.

article thumbnail

Update on Oil & Gas Royalties Litigation-Key Valuation Issues

Value Scope

ValueScope assists clients by providing independent, third-party valuations that are generally triggered by an event, such as a sale, a buy, estate planning, tax work, GAAP application, bankruptcy, and litigation. Private capital firms use “Investment Value,” and a large part of this will usually involve exit assumptions.

article thumbnail

Update on Oil & Gas Royalties Litigation-Key Valuation Issues

Value Scope

Essential Valuation Factors ValueScope assists clients by providing independent, third-party valuations that are generally triggered by an event, such as a sale, a buy, estate planning, tax work, GAAP application, bankruptcy, and litigation. Intrinsic Value” is what equity research analysts use when they look at public stocks and bonds.

article thumbnail

META Lesson 3: Tell me a story!

Musings on Markets

In the former group, we would include acts of God (terrorism, a hurricane or COVID) and regulatory or legal events (failure to get regulatory approval for a drug, for a pharmaceutical company) that put an end to a business model.