It is not uncommon for the valuation of a privately-held business to be one of the central issues in a litigation matter, such as a shareholder dispute or a family law matter. When this is the case, the attorneys representing the parties to the dispute will need to be on the lookout for litigation landmines.
Recently, an attorney we were assisting on a family law matter in Virginia was provided a valuation report of a business in which his client’s spouse had a non-controlling ownership interest. Opposing counsel wanted the parties to stipulate to the value set forth in this valuation …read more
Read more here:: Beyond The Numbers
Considering an M&A event for your business? Join members of the local M&A community on May 10th for a panel discussion “The M&A Experience: What to Expect and Lessons Learned”. The M&A landscape is an unchartered territory for the average business owner. A well thought out M&A strategy enhances a company’s strengths, addresses weaknesses, and anticipates the expectations of strategic and financial buyers’ contributions to the likelihood of a successful sale. Navigating an M&A transaction can be tricky and a lot can be learned from those with firsthand experience.
As a member of the local M&A community, Aronson is proud …read more
Read more here:: Government Contracting
The new administration has made mention of repealing the so-called Johnson Amendment. What would a repeal mean? In 1954, Lyndon Johnson (later the 36th President of the United States) was the Democratic Senate Minority Leader running for reelection. On the road to reelection, Johnson faced a conservative nonprofit group calling for the election of his opponent.
Johnson, known as a Senate legislator without equal, responded to his opposition by introducing an amendment to Section 501(c)(3) of the Internal Revenue Code, which applies to organizations organized and operated exclusively for religious, charitable, and scientific purposes. In the amendment, tax-exempt status organizations cannot …read more
Read more here:: Nonprofit