Farrel Fritz

MAY 29, 2023

Court Enforces Right of First Refusal for Purchase of Membership Interests Triggered by Outside Offer for LLC’s Real Property Last month, Brooklyn Commercial Division Justice Reginald A. On defendants’ pre-answer motion, Albany County Commercial Division Justice Richard M.

Liquidation Value 52

Liquidation Value Marketability Technology 52

Appraiser Newsroom

JULY 5, 2022

This paramount event provides an experience unlike other appraisal conferences, offering timely content for all appraisal professionals spanning Business Valuation, Personal Property, Machinery & Equipment, Real Property, Gems & Jewelry as well as Appraisal Review & Management.

Appraisal 52

Appraisal Business Valuation Banking Technology 52

Appraiser Newsroom

OCTOBER 27, 2023

Mr. Fishman has co-authored several books, including the Guide to Business Valuations, Standards of Value, A Consensus View Q&A Guide to Financial Valuation and The Business Valuation Bench Book. Fishman, FASA, is a Managing Director of Financial Research Associates and has been actively engaged in the appraisal profession since 1974.

Business Valuation 59

Business Valuation Intangible Assets Appraisal Business Enterprise 59

Farrel Fritz

OCTOBER 3, 2022

What if the company lacked the funding or legal authority to pursue the opportunity? Two recent cases out of the Manhattan Commercial Division and the U.S. Manhattan Commercial Division Justice Schecter recently highlighted the limitations of New York’s corporate opportunity doctrine in her post-trial decision in Shatz v Chertok , No.

Equity 89

Equity Technology 89

Farrel Fritz

JANUARY 3, 2023

The dispute erupted when the managing member, to whom the operating agreement gave sole authority to sell the LLC’s realty, began exploring a sale. Recognizing the paucity of case authority, he also commented “it would be helpful” to have appellate guidance surrounding the applicability of the LLC Law’s default rules. Max v ALP, Inc.

Appraisal 52

Appraisal Marketability 52

Appraiser Newsroom

JULY 9, 2023

This paramount event provides an experience unlike other appraisal conferences, offering timely content for all appraisal professionals spanning Business Valuation, Personal Property, Machinery & Equipment, Real Property, Gems & Jewelry as well as Appraisal Review & Management. Pratt and Roger J.

Intangible Assets 40

Intangible Assets Business Valuation Appraisal Finance 40

ABI

JANUARY 19, 2024

2] Pursuant to Bankruptcy Rule 2004, the Liquidator sought information regarding a 2015 corporate restructuring agreement between the Debtor and affiliated entities that diminished the Debtor’s control over certain real estate investments. [3] 3] Responding to the Liquidator’s motion for discovery, certain U.S.

Compliance 40

Compliance 40

Equilest

SEPTEMBER 1, 2023

Properties situated in prime locations with excellent accessibility to transportation, amenities, schools, and commercial hubs tend to command higher en bloc values. Zoning and Land Use Regulations Zoning regulations and land use restrictions imposed by local authorities can have a significant impact on en bloc value.

Marketability 40

Marketability Business Valuation Compliance Banking 40

Farrel Fritz

MARCH 20, 2023

The Company, its Ownership Structure, and the Six Parcels of Real Estate Joseph founded Jos. Ultimately, Suffolk County Commercial Division Justice Jerry Gargiulo declined to sign the order to show cause and Jonathan withdrew the injunction motion. Troffa Landscape and Mason Supply, Inc. Development Enterprises, Inc. (“LJT”).

52

52

Appraiser Newsroom

JULY 5, 2022

This paramount event provides an experience unlike other appraisal conferences, offering timely content for all appraisal professionals spanning Business Valuation, Personal Property, Machinery & Equipment, Real Property, Gems & Jewelry as well as Appraisal Review & Management. For over 15 years, Ms. and international courts.

Appraisal 40

Appraisal Business Valuation Finance Market Risk 40

Farrel Fritz

FEBRUARY 20, 2023

In her post-trial decision last December in Hall v Middleton , Manhattan Commercial Division Justice Jennifer G. Where, as here, that trust is flagrantly violated, there must be real consequences to ensure that it doesn’t happen again. Anything short of significant punitive damages would further, not thwart, duplicity.

Equity 52

Equity Banking Finance Marketability 52

Appraiser Newsroom

JULY 5, 2022

This paramount event provides an experience unlike other appraisal conferences, offering timely content for all appraisal professionals spanning Business Valuation, Personal Property, Machinery & Equipment, Real Property, Gems & Jewelry as well as Appraisal Review & Management. For over 15 years, Ms. and international courts.

Business Valuation 40

Business Valuation Intangible Assets Appraisal Finance 40

Farrel Fritz

AUGUST 1, 2022

But don’t get too nostalgic or shed too many tears for the third-generation owners, owing to their forebears who had the foresight to acquire not only the industrial property where Cornell manufactures the seltzer, but another eight commercial properties in close proximity, all told with a current appraised value over $40 million.

Book Value 52

Book Value Dividends Appraisal Equity 52

Appraiser Newsroom

JANUARY 31, 2023

She has served as director of the fine art department, head of appraisal services, and now as Senior Vice President and Director of Trusts & Estates for John Moran Auctioneers & Appraisers. Morgana is a member of the International Society of Appraisers and the Appraisers Association of America.

Appraisal 52

Appraisal Accounting Firms Fair Market Value Marketability 52

Appraiser Newsroom

FEBRUARY 16, 2022

Below is a closer look at these contributing authors. Allen is also active in the profession as an author, lecturer , and volunteer, most recently serving as President of the N evada Society of CPA s Las Vegas Chapter. She is also a frequent speaker, author and professor. . He is also an expert witness and a frequent author.

Intangible Assets 52

Intangible Assets Business Valuation Appraisal Corporate Finance 52

Reynolds Holding

APRIL 3, 2023

Expand the definition of custody to include discretionary trading authority. The Proposal would explicitly include an Adviser’s discretionary authority to trade client assets within the definition of “custody.” Is subject to oversight by a foreign government or financial regulatory authorities. 2 Definition of custody.

Banking 45

Banking Compliance 45

Benzinga

APRIL 26, 2023

million, was reported in the commercial real estate category while the project was under construction. At March 31, 2023, the composition of Salisbury's deposit balances was as follows: retail: 45%; commercial: 39%; municipalities: 8%; brokered funds: 4%; Wealth Advisory: 3%; and educational institutions: 1%.

Dividends 40

Dividends Banking Equity Book Value 40

Reynolds Holding

APRIL 5, 2023

It’s for the investing public and issuers that our staff must continue to drive efficiencies, help protect for financial stability, and modernize our rulesets for today’s $100 trillion capital markets as well as today’s technologies, in a manner consistent with our Congressional authorities. headquarters. We have offices in Washington, D.C.,

Marketability 45

Marketability Technology Data Analysis Corporate Finance 45

Viking Mergers

OCTOBER 1, 2022

While the real estate market rises and falls, the home services industry remains steady. 2 Residential & Commercial Security Technology. GlobeNewswire says the same thing about the commercial security system market. Yet the South Carolina Ports Authority (SCPA) continues to improve its already world-class port.

Technology 26

Technology Marketability 26

Appraiser Newsroom

JULY 5, 2022

This paramount event provides an experience unlike other appraisal conferences, offering timely content for all appraisal professionals spanning Business Valuation, Personal Property, Machinery & Equipment, Real Property, Gems & Jewelry as well as Appraisal Review & Management. Jack Young , ASA, CPA is Owner of NorCal Valuation.

Appraisal 40

Appraisal Finance Marketability Market Risk 40

Farrel Fritz

JULY 17, 2022

There are, however, the occasional exceptions, a fine example of which was handed down a week ago by Manhattan Commercial Division Justice Andrea Masley. Lawsuits in New York courts between real estate co-owners merely involving claims of financial misconduct are a dime a dozen, and aren’t normally prime fodder for this blog.

Equity 59

Equity 59

Reynolds Holding

APRIL 19, 2023

artwork, real estate, precious metals and physical commodities). The Proposed Rule would also expand the circumstances under which an advisor is considered to have custody of a client’s assets to include discretionary authority to trade the client’s assets.

Banking 45

Banking Compliance Technology Marketability 45

Farrel Fritz

JANUARY 29, 2024

More than a dozen years ago, Peter Mahler wrote about one such case, Barasch v Williams Real Estate Co. (33 16, 2024]) , Manhattan Commercial Division Justice Andrew Borrok decided another “grey area” BCL § 909 case. 33 Misc 3d 1219[A] [Sup Ct, NY County 2011]). But the legal outcome could not have been more different.

Appraisal 59

Appraisal Finance 59

Benzinga

MAY 3, 2022

million to the common unit repurchase program, bringing the total authorization to $150.0 The Board of Directors removed the expiration of the authorization, extending the term of the repurchase authorization indefinitely. million authorization. million authorization. Real estate assets, net. .

EBITDA 40

EBITDA Equity Start-ups Marketability 40

Reynolds Holding

JANUARY 4, 2024

. ─ FSOC concluded that existing requirements and guidance may already apply to AI and recommended that financial institutions, market participants and regulatory and supervisory authorities should continue to monitor developments in AI and build expertise in the technology. The section on “G-SIBs and Large Non-GSIBs” reviews the U.S.

Banking 59

Banking Marketability Finance Technology 59

Farrel Fritz

SEPTEMBER 18, 2023

Likewise, Section 20 (c) (3) of the Partnership Law provides that “less than all the partners have no authority” to “[d]o any. The Court ruled: [I]t is unquestioned that each partner, including Rose, bound his or her estate to reform a partnership after the dissolution of the prior partnership in consequence of the death of a partner.

59

59

Farrel Fritz

DECEMBER 26, 2023

In Doeblin , Commercial Division Justice Andrea Masley was tasked with deciding whether a non-managing member who nonetheless allegedly acted in a managerial capacity owes a fiduciary duty to the company. The Appellate Division, First Department, affirming Commercial Division Justice Jennifer G.

Start-ups 59

Start-ups Equity 59

Reynolds Holding

JANUARY 25, 2023

First, it said that “while confidential information may constitute property of a commercial entity…, the same is not true with respect to a regulatory agency…” [8] On remand, the U.S. Hence, the government’s fisc is injured if insiders at an agency can leak this information to real estate speculators. at *13 to *14. [10]

Dividends 59

Dividends 59

Brian DeChesare

DECEMBER 7, 2022

Industrial & Commercial Bank of China (ICBC) (Strongest in DCM ). There isn’t a particular industry focus in HK since China and other Asian economies are diversified, but a few prominent groups include tech / TMT , consumer retail , and real estate. CITIC (formerly “China International Trust Investment Corporation”).

Banking 52

Banking Equity Start-ups Finance 52

M&A Leadership Council

AUGUST 3, 2023

commercially reasonable”, “best efforts”) as this affords them the most legal protection against non-performance. About the Author: Mr. Chittur P. the world’s largest commercial real estate services company. Sellers have an incentive to establish generic / default SLAs – (e.g.

Marketability 52

Marketability 52

M&A Leadership Council

JULY 22, 2023

commercially reasonable”, “best efforts”) as this affords them the most legal protection against non-performance. About the Author: Mr. Chittur P. the world’s largest commercial real estate services company. Sellers have an incentive to establish generic / default SLAs – (e.g.

Marketability 52

Marketability 52

Benzinga

NOVEMBER 2, 2022

Real estate held for sale. . Net real estate. . par, 2,000 shares authorized: 7.25% Series D Cumulative Convertible Perpetual Preferred Shares, (stated at liquidation preference $50 per share), 1,849 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively. . 1,395,734. . .

Dividends 52

Dividends Equity Net Debt Finance 52

Farrel Fritz

NOVEMBER 20, 2022

A good number of these cases involve real estate holding companies whose operating agreements state the LLC’s purpose to acquire, own, develop, manage, lease, and sell (or other, similar terms) a specified real property.

52

52

Reynolds Holding

JUNE 8, 2023

Continued high interest rates may adversely affect the commercial real estate sector and the mid-sized banks that lend to it. Short-to-Medium-Term Concerns Currently, the key risks to U.S. banks are: Continued tightening of monetary policy will likely reveal the institutions best and least able to manage interest rate risk.

Banking 40

Banking Equity Private Equity Firm Marketability 40

Appraisers Blog

JULY 27, 2023

I also included Joans spaghetti map of appraisal related regulatory authority as a reference to this complicated topic matter. They’ve already branched into inspection, sketching, software development, forms development, order management systems, data retention systems, now commercial, etc, etc. Modernization! then Inspection.

Appraisal 80

Appraisal Compliance Marketability Equity 80

Farrel Fritz

FEBRUARY 14, 2022

If composed in song, the chorus to a recent valuation decision by Manhattan Commercial Division Justice Andrea J. In his memorandum of law in opposition , Rakib argued that there were multiple issues of fact – “a very real dispute” – about the “actual value of the membership interest in November 2015.”

Book Value 59

Book Value Appraisal Business Valuation Fair Market Value 59

Reynolds Holding

SEPTEMBER 24, 2023

The list of states that have enacted such legislation in 2023 includes Alabama, Arkansas, Florida, Idaho, Indiana, Louisiana, Mississippi, Montana, North Dakota, Oklahoma, South Dakota, Tennessee, Utah, West Virginia, and Virginia—an additional 20 states have introduced bills that would regulate foreign ownership of real estate if enacted. [2]

Equity 40

Equity Treasury 40