WTAS Valuation Services Group

Size: px
Start display at page:

Download "WTAS Valuation Services Group"

Transcription

1 WTAS Valuation Services Group Information & Overview March 2014 Presented to 1

2 Table of Contents I. WTAS Valuation Services Overview II. WTAS Overview III. Services Offering IV. Approach V. Professionals 2

3 WTAS Valuation Services Overview Valuation Services Los Angeles San Francisco Seattle New York Boston Philadelphia West Palm Beach WTAS is one of the largest independent, full-service valuation firms in the country. Clients have ranged from individuals and small start-up operations to multibillion-dollar global enterprises. Our team has been engaged by a variety of national and international clients with locations throughout North America, South America, Europe, and Asia Pacific. WTAS employs approximately 50 full-time valuation specialists across the country with over 30 of those employees located on the West Coast. Our Los Angeles office currently employs 9 full-time valuation specialists. 3

4 WTAS Overview Baltimore Boston Chicago Dallas Los Angeles New York Palo Alto Philadelphia San Francisco Seattle Washington, D.C. West Palm Beach WTAS is one of the largest independent tax and consulting firms in the United States, providing a wide range of tax, valuation, financial advisory and related consulting services to individual and corporate clients across the country. Firm Offices 4

5 WTAS Valuation Services Offering Financial Reporting Fair value measurement and disclosures Goodwill and long-lived asset impairment analyses Allocation of the purchase price paid in a transaction to acquired intangible and tangible assets Stock option, derivative, and cheap stock analyses Determination of the fair value of financial instruments Fair value reporting of investment portfolios Strategic Planning Intellectual property (IP) consulting, including IP portfolio mining and patent scoring/claims analysis Financial modeling and sensitivity analyses Business and asset valuations for financing Corporate Reorganization and Bankruptcy Valuation and financial advisory for debtors, creditor committees, secured and unsecured lenders, and other constituents Determination of enterprise reorganization and asset values for fresh-start accounting Liquidation, going-concern, and solvency analyses Assessment of collateral values Acquisitions, Mergers and Divestitures Due diligence support Analysis of potential operational and financial synergies Assessment of proposed capital structures Analyses for joint ventures, strategic alliances, management buyouts, and recapitalizations Formulation of value-allocation strategies between divisions of an acquired company Asset and Business Valuation We have extensive experience in valuing the following types of businesses and assets: Closely held companies and partial interests Family limited partnership and limited liability company interests Business operations, including subsidiaries, divisions, and profit centers Intellectual property, including patents, trademarks, trade names, copyrights, and trade secrets Intangible assets, including proprietary technology, intellectual property R&D, customer lists, relationships, contract rights, and covenants not to compete Preferred stock and debt instruments Options and warrants Investment portfolios, including private equity, venture capital, and hedge funds Machinery and equipment Real estate 5

6 WTAS Valuation Market & Industry Expertise Full service team business and intangible assets; real estate; machinery and equipment; and personal property. We have extensive expertise valuing businesses and assets in many industries, including, but not limited to, the following: Aerospace and Defense Agriculture Apparel Chemicals Computer Hardware Distribution E-Commerce / Internet Services Energy and Utilities Financial Services Food and Beverage Healthcare Products and Services Leisure Manufacturing Media Oil and Gas Pharmaceuticals and Biotechnology Retail and Consumer Products Semiconductors and Electronic Components Services (Business and Consumer) Software Telecommunications (Services and Equipment) Transportation 6

7 WTAS Approach WTAS Valuation Services professionals are highly qualified to help clients with critical valuation issues. Our deliverables are designed to withstand review by second parties and, as applicable, in administrative, regulatory body review, and court proceedings. Independence -- free from audit, research, and bond rating conflicts Analysis that goes beyond the models Understanding and documenting the story behind the asset or business being valued is just as (and sometimes more) important than just the quantitative analytics Our valuation group provides thorough and well-reasoned analyses, including, presentation of logical, defensible support for key assumptions, consideration of multiple valuation methodologies, and Out of the box thinking beyond standard approaches for unique assets / fact patterns Minimal diversion of clients resources and personnel We work with our clients to maximize efficiencies at every step of the valuation process Dependability / track record On-call availability during a project, with no missed deadlines Continuous communication so there are no surprises Experience with audit review teams We currently perform valuation work for clients that utilize the Big 4, mid-tier, and local / regional accounting firms for audit and attest services 7

8 WTAS Professionals WTAS is one of the largest independent firms in the United States, providing a wide range of tax, valuation, financial advisory and related consulting services to individual and corporate clients across the country. The firm is comprised of over 500 personnel located in fourteen major cities and encompasses top advisors with previous experience in international accounting firms, law firms, the IRS, and state taxing authorities. Our advisors hold multiple professional credentials and have depth in a wide range of capabilities allowing us to provide clients with comprehensive, integrated solutions. As an independent firm (not affiliated with an auditing firm), we are free from audit, research, bond-rating and other conflicts. We offer superior responsiveness in meeting your needs and deadlines, with minimal diversion of your time, resources and personnel. Los Angeles Office Contacts R.J. Starr Managing Director (213) Brian Reichert Director (213)

9 R.J. Starr Managing Director Los Angeles Office: Fax: Education: University of California at Davis, BS (Managerial Economics) R.J. Starr has over 13 years of experience in delivering valuation analyses to both individuals and to corporate enterprises. As a member of WTAS Valuation Services Group, R.J. has specialized in the valuation of closely held businesses, business interests, intangible assets, intellectual property, debt instruments, derivatives (including stock options and option-embedded securities), and capital equipment assets. These engagements were conducted for a variety of purposes, including financial reporting; tax planning and reporting; strategic planning; mergers and acquisitions; litigation support; restructuring; and bankruptcy. Before joining WTAS, R.J. was a manager with a national professional services firm where he focused primarily on corporate valuation issues related to mergers and acquisitions, litigation, and strategic consulting. R.J. holds the Accredited Senior Appraiser (ASA-BV) designation. Affiliations: American Society of Appraisers (ASA BV) Association for Corporate Growth (ACG) 9

10 Brian Reichert Director Los Angeles Office: Fax: Education: Bachelor of Science, Business Administration with a Finance, Real Estate, & Law Concentration, California State Polytechnic University, Pomona Brian Reichert has provided consulting and valuation services to individuals and domestic and foreign businesses for over 10 years. During his career, he has prepared valuation analyses for public and privately held companies in the technology (hardware and software), retail, food and beverage, apparel, life sciences, biotechnology, utility, manufacturing, engineering, aerospace and defense, financial services, real estate, wholesale industries and others. He has experience valuing and analyzing common and preferred equity, stock options and warrants, minority and controlling interests, intellectual property, debt instruments, and privately held interests. Prior to joining WTAS, Brian was a Manager with an international professional services firm specializing in business valuation services in Los Angeles and Costa Mesa. Prior to that, Brian was Manager at a regional investment banking and valuation advisory firm specializing in financial reporting related analyses, fairness opinions, ESOP transactions, mergers and acquisitions, and other tax reporting and planning valuations. Affiliations: American Society of Appraisers 10

11 Disclaimer The opinions and analyses expressed herein do not necessarily reflect those of WTAS LLC ( WTAS ) or any affiliate thereof. Any suggestions contained herein are general, and do not take into account an individual s or entity s specific circumstances or applicable governing law, which may vary from jurisdiction to jurisdiction and be subject to change. No warranty or representation, express or implied, is made by WTAS, nor does WTAS accept any liability with respect to the information and data set forth herein. Distribution hereof does not constitute legal, tax, accounting or other professional advice. Recipients should consult their professional advisors prior to acting on the information set forth herein. COPYRIGHT 2014 WTAS LLC ALL RIGHTS RESERVED. No part of this presentation may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of WTAS LLC. 11

Valuation Services. Global Capabilities Delivered Locally KPMG LLP

Valuation Services. Global Capabilities Delivered Locally KPMG LLP Valuation Services Global Capabilities Delivered Locally KPMG LLP Today s global environment has elevated the importance of valuations that support financial reporting, tax planning, litigation, and mergers

More information

Investment Banking. Equity Capital Markets

Investment Banking. Equity Capital Markets Investment Banking Equity Capital Markets Raymond James Capital Markets Our mission is to remain a premier investment bank built on trust and relationships. We combine insightful, highquality research

More information

Body of Knowledge for Professional Business Valuation Certification Programme

Body of Knowledge for Professional Business Valuation Certification Programme Body of Knowledge for Professional Business Valuation Certification Programme Copyright 2014 Institute of Valuers and Appraisers of Singapore. All rights reserved. Copies of this Body of Knowledge may

More information

A Leading Firm. Services Audit Tax Business Advisory

A Leading Firm. Services Audit Tax Business Advisory A Leading Firm Houston Dallas 14755 Preston Road Suite 320 Dallas, TX 75254 P: 972-458-2296 F: 972-788-4943 Denver 1999 Broadway Suite 4000 Denver, CO 80202 P: 303-298-9600 F: 303-298-8118 Orange County

More information

Mergers & Acquisitions. Turnaround & Restructuring. Litigation Support & Expert Testimony. Valuation Services

Mergers & Acquisitions. Turnaround & Restructuring. Litigation Support & Expert Testimony. Valuation Services Turnaround & Restructuring Litigation Support & Expert Testimony Mergers & Acquisitions Valuation Services Turnaround & Restructuring Turnaround & Restructuring Turnaround & Restructuring MCA Financial

More information

SAMPLE DEAL LISTS - CORPORATE

SAMPLE DEAL LISTS - CORPORATE Sample 1 Recent Matters Land Acquisitions and Sales Representation of residential developers in more than 100 separate acquisition and disposition transactions for property throughout the state of California.

More information

Bryan Cave LLP Rankings

Bryan Cave LLP Rankings Bryan Cave LLP Rankings National Rankings Tier 1 Franchise Law Land Use & Zoning Law Media & First Amendment Law Mining Law Oil & Gas Law Product Liability Litigation - Defendants Trademark Law Tier 2

More information

Campus Recruiting. Tax. kpmgcampus.com

Campus Recruiting. Tax. kpmgcampus.com Campus Recruiting Tax kpmgcampus.com EVS KPMG s Economic and Valuation Services (EVS) professionals offer a wide range of advanced analytical services that help clients make forward-thinking decisions

More information

Services and Capabilities. Transfer Pricing Services

Services and Capabilities. Transfer Pricing Services Services and Capabilities Transfer Pricing Services Our team of experts offers an unmatched combination of economic credentials, industry expertise, and testifying experience. Transfer Pricing Services

More information

our business is growing yours

our business is growing yours our business is growing yours ABOUT CBIZ n One of the nation s leading: Accounting Providers Employee Benefits Specialists Property & Casualty Agencies Valuation firms Medical Management Practice firms

More information

mba morten beyer & agnew

mba morten beyer & agnew Business Valuation: How to Make the Most of Your Business Pooja Gardemal, CPA/ABV Vice President Business Valuation & Economic Analysis 1 About is a global consulting firm with offices in the U.S. and

More information

Our Value Proposition

Our Value Proposition Our Value Proposition Today s regulatory environment is tougher than ever. In the past, hedge fund managers could use mark-to-model values for illiquid assets or simply place them in a side pocket. Executives

More information

Global Financial Advisory Services

Global Financial Advisory Services Global Financial Advisory Services INVESTMENT BANKING VALUATION & FINANCIAL OPINIONS DISPUTE ADVISORY & FORENSIC SERVICES We serve a range of clients from Fortune 500 corporations to privately held companies

More information

Valuation. Transaction Consulting. Real Estate Advisory. Fixed Asset Management. On call. Valuation and related services for the Healthcare sector

Valuation. Transaction Consulting. Real Estate Advisory. Fixed Asset Management. On call. Valuation and related services for the Healthcare sector Valuation Transaction Consulting Real Estate Advisory Fixed Asset Management On call. Valuation and related services for the Healthcare sector I think the reason for the interest (in healthcare) is investors

More information

Valuation Practice. ICM Advisors. Intellectual Property & Intangible Assets. Leverage the intangible assets INTELLECTUAL CAPITAL MANAGEMENT

Valuation Practice. ICM Advisors. Intellectual Property & Intangible Assets. Leverage the intangible assets INTELLECTUAL CAPITAL MANAGEMENT Valuation Practice Intellectual Property & Intangible Assets ICM Advisors INTELLECTUAL CAPITAL MANAGEMENT Leverage the intangible assets Business needs drive IP Valuation Intellectual Property (IP) and

More information

Services and Capabilities. Financial Services Transfer Pricing

Services and Capabilities. Financial Services Transfer Pricing Services and Capabilities Financial Services Transfer Pricing Our team of experts offers an unmatched combination of economic credentials, industry expertise, and testifying experience. FINANCIAL SERVICES

More information

2015 Real Estate Industry Update A landscape for change: Transforming for the future

2015 Real Estate Industry Update A landscape for change: Transforming for the future 2015 Real Estate Industry Update A landscape for change: Transforming for the future December 16, 2015 Welcome Welcome to Deloitte s 2015 real estate industry update The real estate industry has been on

More information

Due diligence report for :

Due diligence report for : Due diligence report for : Due diligence report for :...1 1 Market size, business model...2 1.1. Documents...2 2 Product and competition...3 2.1 Product...3 2.2 Competition...3 2.3 Documents...4 2.3.1

More information

Alvarez & Marsal Global Forensic and Dispute Services. 2015 Asia Pacific Regional Meeting (APRM) Tokyo, Japan 23-25 April 2015

Alvarez & Marsal Global Forensic and Dispute Services. 2015 Asia Pacific Regional Meeting (APRM) Tokyo, Japan 23-25 April 2015 Alvarez & Marsal Global Forensic and Dispute Services 2015 Asia Pacific Regional Meeting (APRM) Tokyo, Japan 23-25 April 2015 A&M OVERVIEW GLOBAL REACH NEW YORK (GLOBAL HQ) LONDON (EUROPE HQ) HONG KONG

More information

Case 2:11-cv-08607-R -DTB Document 13 Filed 11/18/11 Page 1 of 7 Page ID #:355 EXHIBIT A

Case 2:11-cv-08607-R -DTB Document 13 Filed 11/18/11 Page 1 of 7 Page ID #:355 EXHIBIT A Case 2:11-cv-08607-R -DTB Document 13 Filed 11/18/11 Page 1 of 7 Page ID #:355 EXHIBIT A Case 2:11-cv-08607-R -DTB Document 13 Filed 11/18/11 Page 2 of 7 Page ID #:356 David Zaro Partner Los Angeles Office

More information

Business Valuation and Consulting Services

Business Valuation and Consulting Services FV Specialists, Inc. Make Our Experience Yours Experienced Professional Independent Business Valuation and Consulting Services Benefit from our extensive experience in valuation issues facing your business.

More information

Statement of Financial Accounting Standards No. 142

Statement of Financial Accounting Standards No. 142 Statement of Financial Accounting Standards No. 142 FAS142 Status Page FAS142 Summary Goodwill and Other Intangible Assets June 2001 Financial Accounting Standards Board of the Financial Accounting Foundation

More information

Nine Gould & Ratner LLP Attorneys Named Illinois Super Lawyers; Five Attorneys Named "Rising Stars" for 2013

Nine Gould & Ratner LLP Attorneys Named Illinois Super Lawyers; Five Attorneys Named Rising Stars for 2013 Nine Gould & Ratner LLP Attorneys Named Illinois Super Lawyers; Five Attorneys Named "Rising Stars" for 2013 Contact: Mary Bedke 312.899.1676 mbedke@gouldratner.com FOR IMMEDIATE RELEASE CHICAGO January

More information

Intangible Appraisal Reports

Intangible Appraisal Reports Intangible Appraisal Reports Business Valuations Intellectual Property Appraisals Building Value Liquidity Realization Michael Gilburd, ASA, President 11811 N Tatum Boulevard Telephone: (480) 361-8655

More information

Business Valuation Services

Business Valuation Services Business Valuation Services thinking strategically to your best advantage We don t just determine value. We help you understand value. At BNKJ, we think measuring value is just one step in the health of

More information

Global Growth Strategy

Global Growth Strategy Global Growth Strategy Jones Lang LaSalle Global strategy for renewed growth G1 Build our leading local and regional market positions G2 G3 G4 Grow our leading positions in Corporate Solutions Capture

More information

HMWC CPA's&Business Advisors, Orange County, California

HMWC CPA's&Business Advisors, Orange County, California Business Assurance Services Tax Consulting Services Business Advisory Services Estate Planning Financial Planning Pension & Human Resources Consulting Information Technology Services Mergers, Acquisitions

More information

Alternative Asset Classes Page 1 ALTERNATIVE ASSET CLASSES: AN INTRODUCTION

Alternative Asset Classes Page 1 ALTERNATIVE ASSET CLASSES: AN INTRODUCTION Alternative Asset Classes Page 1 ALTERNATIVE ASSET CLASSES: AN INTRODUCTION PART OF SOUND PORTFOLIO MANAGEMENT IS DIVERSIFYING INVESTMENTS SO THAT IF ONE TYPE OF INVESTMENT IS PERFORMING POORLY, ANOTHER

More information

Ascendiant Capital Group LLC Ascendiant Securities LLC; Member FINRA & SIPC

Ascendiant Capital Group LLC Ascendiant Securities LLC; Member FINRA & SIPC about Ascendiant Capital Group LLC Ascendiant Securities LLC; Member FINRA & SIPC Investment capital and strategic guidance for publicly traded, emerging growth companies about Established in 2001, Ascendiant

More information

Estimated Going Concern Enterprise Valuation

Estimated Going Concern Enterprise Valuation UBS Securities LLC 299 Park Avenue New York NY 10171 www.ubs.com September 12, 2005 VARIG, S.A. (VIAÇÃO AÉREA RIO-GRANDENSE) Em Recuperação Judicial Brazilian Bankruptcy Court in Rio de Janeiro, Brazil

More information

The McLean Group s. Business Valuation Practice. Austin Office. The McLean Group 401 Congress Avenue Suite 1540 Austin, TX 78701

The McLean Group s. Business Valuation Practice. Austin Office. The McLean Group 401 Congress Avenue Suite 1540 Austin, TX 78701 The McLean Group s Austin Office The McLean Group 401 Congress Avenue Suite 1540 Austin, TX 78701 Contents Page I. The McLean Group 3 II. Our 4 III. Why Our? 5 IV. Recent Business Valuation Experience

More information

ROARING FORK ADVISORS COMMERCIAL REAL ESTATE INVESTMENT MANAGEMENT

ROARING FORK ADVISORS COMMERCIAL REAL ESTATE INVESTMENT MANAGEMENT ROARING FORK ADVISORS COMMERCIAL REAL ESTATE INVESTMENT MANAGEMENT Overview Roaring Fork Advisors provides real estate portfolio consulting services to developers, investors and private lenders, including

More information

U.S. Inbound Tax Services

U.S. Inbound Tax Services TAX U.S. Inbound Tax Helping foreign companies achieve tax-efficiency in their U.S. operations kpmg.com 2011 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network

More information

The Biotech Business Life Cycle. The Lawyer s Role as Counselor and Advisor

The Biotech Business Life Cycle. The Lawyer s Role as Counselor and Advisor The Biotech Business Life Cycle and The Lawyer s Role as Counselor and Advisor ASU February 15, 2010 1 BIOTECH BUSINESS CYCLE AN INTERDISCIPLINARY APPROACH TO LEGAL REPRESENTATION Intellectual Property

More information

Chicago Firm. World-Class Knowledge.

Chicago Firm. World-Class Knowledge. Chicago Firm. World-Class Knowledge. Shepard Schwartz & Harris has been an integral part of the Chicago business community since 1935. Our clients value our comprehensive worldview while enjoying the benefit

More information

Intellectual Property Consulting

Intellectual Property Consulting Intellectual Property Consulting Charles River Associates provides valuation, litigation, and strategic consulting services related to intellectual property in a wide range of contexts. The skill and effectiveness

More information

LIQUIDATION ANALYSIS

LIQUIDATION ANALYSIS APPENDIX C THIS LIQUIDATION ANALYSIS PRESENTS INFORMATION FOR ALL REORGANIZED DEBTORS ON A CONSOLIDATED BASIS. PRIOR TO THE HEARING TO APPROVE THE DISCLOSURE STATEMENT, THE DEBTORS WILL REPLACE THIS LIQUIDATION

More information

the paris office Elizabeth Naud and Luc Poux, architects

the paris office Elizabeth Naud and Luc Poux, architects the paris office Elizabeth Naud and Luc Poux, architects dllp Our commitment is to be the definitive source of practical advisory services and our clients most powerful advocates. DECHERT LLP In-depth

More information

Compliance studies can lead to planning opportunities. May 2005 Take it to

Compliance studies can lead to planning opportunities. May 2005 Take it to Transfer pricing as an international tax strategy Compliance studies can lead to planning opportunities May 2005 Take it to the Max. 800 Liberty Building Buffalo, NY 14202 ph: 716.847.2651 fax: 716.847.0069

More information

New York Chicago Los Angeles Washington D.C. Area London Munich

New York Chicago Los Angeles Washington D.C. Area London Munich New York Chicago Los Angeles Washington D.C. Area London Munich w w w. l a d a s. c o m INDUSTRIES WE SERVE: FASHION, APPAREL & FOOTWEAR FINANCE AND INSURANCE LIFE SCIENCES, BIOTECHNOLOGY, AND MEDICAL

More information

Your Target Market. Taking Your Company Global. International Tax & Accounting Services

Your Target Market. Taking Your Company Global. International Tax & Accounting Services Your Target Market Taking Your Company Global & Company www.rowbotham.com (415) 433-1177 consulting@rowbotham.com San Francisco Silicon Valley Associated Firms Worldwide International Tax & Accounting

More information

One Unique Focus: Valuation

One Unique Focus: Valuation One Unique Focus: Valuation While FOCUS expertise spans a wide range of industries, our team is comprised of banking groups targeting particular market segments. One unique focus is corporate valuation

More information

Valuation: S&P 500 Sectors & Industries Forward P/Es

Valuation: S&P 500 Sectors & Industries Forward P/Es Valuation: S&P Sectors & Industries Forward P/Es February, 16 Dr. Edward Yardeni 16-972-7683 eyardeni@ Joe Abbott 732-497-6 jabbott@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www.

More information

Locke Lord s China Connection. oviding Strategic Business Solutions in Asia and the United States. Locke Lord s China Connection

Locke Lord s China Connection. oviding Strategic Business Solutions in Asia and the United States. Locke Lord s China Connection Locke Lord s China Connection oviding Strategic Business Solutions in Asia and the United States Locke Lord s China Connection roviding Providing Strategic Business Solutions in in Asia Asia and and the

More information

John H. Reith, MBA, CPA, CVA, CMA, CIA 924 South Oakland Avenue Pasadena, California 91106-3727

John H. Reith, MBA, CPA, CVA, CMA, CIA 924 South Oakland Avenue Pasadena, California 91106-3727 , MBA, CPA, CVA, CMA, CIA 924 South Oakland Avenue Pasadena, California 91106-3727 Telephone: 626 440 1820 Fax: 626 395 7692 PROFESSIONAL EXPERIENCE The Reith Company, Pasadena, California Founding principal,

More information

Coming to America. U.S. Tax Planning for Foreign-Owned U.S. Operations

Coming to America. U.S. Tax Planning for Foreign-Owned U.S. Operations Coming to America U.S. Tax Planning for Foreign-Owned U.S. Operations September 2015 Table of Contents Introduction... 2 Tax Checklist for Foreign-Owned U.S. Operations... 2 Typical Life Cycle of Foreign-Owned

More information

Indonesia. kpmg.com/id. Contact us. Siddharta & Widjaja Audit Services T: + 62 (0) 21 574 2333 / 574 2888 F: + 62 (0) 21 574 1777 / 574 2777

Indonesia. kpmg.com/id. Contact us. Siddharta & Widjaja Audit Services T: + 62 (0) 21 574 2333 / 574 2888 F: + 62 (0) 21 574 1777 / 574 2777 Contact us Siddharta & Widjaja Audit Services T: + 62 (0) 21 574 2333 / 574 2888 F: + 62 (0) 21 574 1777 / 574 2777 KPMG Advisory Indonesia Tax Services T: + 62 (0) 21 570 4888 F: + 62 (0) 21 570 5888

More information

Financial Statement Analysis: An Introduction

Financial Statement Analysis: An Introduction Financial Statement Analysis: An Introduction 2014 Level I Financial Reporting and Analysis IFT Notes for the CFA exam Contents 1. Introduction... 3 2. Scope of Financial Statement Analysis... 3 3. Major

More information

Greater China Practice Pillsbury helps connect China s leading companies to the world and the world s leading companies to China.

Greater China Practice Pillsbury helps connect China s leading companies to the world and the world s leading companies to China. Greater China Practice Pillsbury helps connect China s leading companies to the world and the world s leading companies to China. Pillsbury Winthrop Shaw Pittman LLP www.pillsburylaw.com Pillsbury Greater

More information

DEPARTMENT OF INSURANCE CONSERVATION & LIQUIDATION OFFICE P.O. Box 26894 SAN FRANCISCO, CA 94126-0894 TEL (415) 676-5000 FAX (415) 676-5002

DEPARTMENT OF INSURANCE CONSERVATION & LIQUIDATION OFFICE P.O. Box 26894 SAN FRANCISCO, CA 94126-0894 TEL (415) 676-5000 FAX (415) 676-5002 STATE OF CALIFORNIA DEPARTMENT OF INSURANCE CONSERVATION & LIQUIDATION OFFICE P.O. Box 26894 SAN FRANCISCO, CA 94126-0894 TEL (415) 676-5000 FAX (415) 676-5002 CHUCK QUACKENBUSH, Insurance Commissioner

More information

Energy Solutions with Powerful Results. Energy Industry Team

Energy Solutions with Powerful Results. Energy Industry Team Energy Solutions with Powerful Results Energy Industry Team Overview Experience. Kilpatrick Townsend s Energy Team serves clients who develop and finance solar, biomass, clean fuels, and energy storage

More information

Japan Practice Overview

Japan Practice Overview Japan Practice Overview Pillsbury Winthrop Shaw Pittman LLP www.pillsburylaw.com Japan Practice Pillsbury Winthrop Shaw Pittman LLP Overview The Pillsbury Difference Pillsbury has built a preeminent Japan

More information

Purchase Price Allocations Under ASC 805: A Guide to Allocating Purchase Price for Business Combinations

Purchase Price Allocations Under ASC 805: A Guide to Allocating Purchase Price for Business Combinations CERTIFIED PUBLIC ACCOUNTANTS, FORENSIC AND FINANCIAL CONSULTANTS Purchase Price Allocations Under ASC 805: A Guide to Allocating Purchase Price for Business Combinations CERTIFIED PUBLIC ACCOUNTANTS, FORENSIC

More information

VALUATION PRACTICE. A 360-Degree Perspective

VALUATION PRACTICE. A 360-Degree Perspective VALUATION PRACTICE A 360-Degree Perspective MFA s valuation professionals put into play a rare combination of specialized expertise and real-world experience in the complementary disciplines of auditing,

More information

Information Disclosure on the Securities Market

Information Disclosure on the Securities Market 3 Legal Update Banking & Finance Construction & Engineering Corporate & Securities Vietnam 06 July 2012 Information Disclosure on the Securities Market Summary On 5 April 2012, the Ministry of Finance

More information

TopicsinChineseLaw AN O'MELVENY & MYERS LLP RESEARCH REPORT. China's Regulation of "Round Trip Investments" * by Howard Chao and Kaichen Xu **

TopicsinChineseLaw AN O'MELVENY & MYERS LLP RESEARCH REPORT. China's Regulation of Round Trip Investments * by Howard Chao and Kaichen Xu ** TopicsinChineseLaw AN O'MELVENY & MYERS LLP RESEARCH REPORT January 2008 China's Regulation of "Round Trip Investments" * by Howard Chao and Kaichen Xu ** During the past couple of years, China has been

More information

Letter of Intent for Acquisition Purchase of Stock of the Business for a Combination of Cash and Purchaser s Stock (Pro-Buyer Oriented)

Letter of Intent for Acquisition Purchase of Stock of the Business for a Combination of Cash and Purchaser s Stock (Pro-Buyer Oriented) Form: Letter of Intent for Acquisition Purchase of Stock of the Business for a Combination of Cash and Purchaser s Stock (Pro-Buyer Oriented) Description: This is a sample Letter of Intent for the acquisition

More information

A Typical Due Diligence Checklist for Start-Up Companies and Entrepreneurs Seeking Debt and Equity Financing

A Typical Due Diligence Checklist for Start-Up Companies and Entrepreneurs Seeking Debt and Equity Financing A Typical Due Diligence Checklist for Start-Up Companies and Entrepreneurs Seeking Debt and Equity Financing A. Organization and Good Standing. The Company s Articles of Incorporation and all amendments

More information

Services for Solicitors

Services for Solicitors Services for Solicitors About us Contents About us Who we are 1 What we do 1 Why CavanaghKelly? 2 3 Sector specialisms 3 Who we advise 3 Corporate & Commercial 4 Litigation & Dispute 6 Banking & Finance

More information

An Overview of Small Business Investment Company Funds. Jonathan Kivell Commerce Street Capital

An Overview of Small Business Investment Company Funds. Jonathan Kivell Commerce Street Capital An Overview of Small Business Investment Company Funds Jonathan Kivell Commerce Street Capital Disclaimer This presentation ( presentation ) is intended solely for the Recipient and has been prepared for

More information

Stock Market Briefing: S&P 500 Profit Margins, Sectors & Industries

Stock Market Briefing: S&P 500 Profit Margins, Sectors & Industries Stock Market Briefing: S&P Profit Margins, Sectors & Industries February, 1 Dr. Edward Yardeni 1-- eyardeni@ Joe Abbott -- jabbott@ Please visit our sites at www. blog. thinking outside the box Table Of

More information

MarketsandMarkets. http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample

MarketsandMarkets. http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample MarketsandMarkets http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample Phone: 800.298.5699 (US) or +1.240.747.3093 or +1.240.747.3093 (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm

More information

Latin America Practice Overview

Latin America Practice Overview Latin America Practice Overview Pillsbury Winthrop Shaw Pittman LLP www.pillsburylaw.com Latin America Practice Pillsbury Winthrop Shaw Pittman LLP Overview Decades of Experience in Latin America Pillsbury

More information

LANE CAPITAL MARKETS. October 2010

LANE CAPITAL MARKETS. October 2010 October 2010 0 Table of Contents I. Investment Banking Expertise II. III. IV. The Equity Financing Process Credentials Sample Transactions Investment Banking Expertise Why is the right banker Recently,

More information

How To Choose The Right Form Of Joint Venture

How To Choose The Right Form Of Joint Venture Portfolio Media. Inc. 860 Broadway, 6th Floor New York, NY 10003 www.law360.com Phone: +1 646 783 7100 Fax: +1 646 783 7161 customerservice@law360.com How To Choose The Right Form Of Joint Venture Law360,

More information

Financial Services Guide

Financial Services Guide Financial Services Guide Financial product research reports and analysis distributed by Standard & Poor s Information Services (Australia) Pty Limited (S&P Capital IQ Australia) in Australia 3 September

More information

IRS Issues Final Regulations Governing Options Granted Under Employee Stock Purchase Plans. December 24, 2009

IRS Issues Final Regulations Governing Options Granted Under Employee Stock Purchase Plans. December 24, 2009 IRS Issues Final Regulations Governing Options Granted Under Employee Stock Purchase Plans December 24, 2009 On November 16, the Internal Revenue Service (IRS) issued final regulations with respect to

More information

Issues in insurance company mergers & acquisitions

Issues in insurance company mergers & acquisitions Issues in insurance company mergers & acquisitions By Perry J. Shwachman, Anthony J. Ribaudo and R. Bradley Drake, Sidley Austin LLP The completion of a successful merger or acquisition involving insurance

More information

The Unique Issues Impacting Tax Credit Property Workouts

The Unique Issues Impacting Tax Credit Property Workouts The Unique Issues Impacting Tax Credit Property Workouts Published in the October 2011 issue of the ABI Journal by Alan Weiner, Managing Director Focus Management Group Table of Contents Unique Issues

More information

BUSINESS CONSULTING & EXIT PLANNING STRATEGIES

BUSINESS CONSULTING & EXIT PLANNING STRATEGIES BUSINESS CONSULTING & EXIT PLANNING STRATEGIES 455 N. Cityfront Plaza Dr., Suite 2600 Chicago, Illinois 60611-5379 T: F: 312.670.8301 Next Plateau Consulting LLC is a Chicago-based consulting firm dedicated

More information

Special Report Data Centers: Financing Strategies for Data Centers

Special Report Data Centers: Financing Strategies for Data Centers Special Report Data Centers: Financing Strategies for Data Centers AUGUST 2010 FINANCING STRATEGIES OVERVIEW Data Center projects present unique financing challenges. The highlyspecialized infrastructure

More information

MEDICAL WASTE MANAGEMENT MARKET

MEDICAL WASTE MANAGEMENT MARKET MEDICAL WASTE MANAGEMENT MARKET BY SECTOR (Hospital & Pharmaceutical), SERVICE (Collection, Transportation & Storage, Treatment, Disposal & Recycling), TREATMENT TECHNOLOGY (Mechanical, Thermal, Chemical,

More information

FinCEN and IRS Issue Guidance on FBAR Filing Requirements for Certain U.S. Persons. February 26, 2010

FinCEN and IRS Issue Guidance on FBAR Filing Requirements for Certain U.S. Persons. February 26, 2010 FinCEN and IRS Issue Guidance on FBAR Filing Requirements for Certain U.S. Persons February 26, 2010 The Financial Crimes Enforcement Network (FinCEN) of the U.S. Treasury Department issued a Notice of

More information

New Lending Trends, Middle Market Lending and Other Developments September 18, 2014

New Lending Trends, Middle Market Lending and Other Developments September 18, 2014 New Lending Trends, Middle Market Lending and Other Developments September 18, 2014 2014 Morrison & Foerster LLP All Rights Reserved mofo.com Size of the company Annual revenues less than $500 million

More information

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION In re: Jointly Administered Case No. 01-42530-H4-11 Metals USA, Inc., et al., Case Nos. 01-42530-H4-11 through 01-42574-H4-11

More information

GE: Positioned for Growth*

GE: Positioned for Growth* GE Capital GE: Positioned for Growth* GE Energy Infra $37.5B GE Tech Infra $37.9B GE Capital $47.0B Energy Healthcare $16.9B Oil & Gas Aviation $17.6B Home & Business Solutions, Media $25.5B Power & Water

More information

Partnership Debt-for-Equity Exchanges

Partnership Debt-for-Equity Exchanges IRS Issues Final Regulations on Cancellation of Indebtedness Income and Other Consequences of an Exchange of Partnership Debt for Partnership Equity SUMMARY The Internal Revenue Service (the IRS ) recently

More information

LONG BEACH ROTARY SCHOLARSHIP FOUNDATION GIFT ACCEPTANCE POLICY

LONG BEACH ROTARY SCHOLARSHIP FOUNDATION GIFT ACCEPTANCE POLICY Approved by the Board of Directors on 6/1/11 LONG BEACH ROTARY SCHOLARSHIP FOUNDATION GIFT ACCEPTANCE POLICY To ensure compliance with applicable legal and fiduciary requirements and to provide guidance

More information

Morrison & Foerster LLP Rankings

Morrison & Foerster LLP Rankings Morrison & Foerster LLP Rankings National Rankings Tier 1 Advertising Law Biotechnology Law Derivatives and Futures Law Environmental Law Litigation - Mergers & Acquisitions Litigation - Regulatory Enforcement

More information

A Bankruptcy Perspective in Valuation Engagements In Good Times and in Bad Times

A Bankruptcy Perspective in Valuation Engagements In Good Times and in Bad Times A Bankruptcy Perspective in Valuation Engagements In Good Times and in Bad Times American Institute of Certified Public Accountants Webinar Series May 5, 2010 R. James Alerding CPA/ABV, ASA, CVA, CFF Clifton

More information

Shareholder Litigation Involving Mergers and Acquisitions

Shareholder Litigation Involving Mergers and Acquisitions CORNERSTONE RESEARCH ECONOMIC AND FINANCIAL CONSULTING AND EXPERT TESTIMONY Shareholder Litigation Involving Mergers and Acquisitions Review of 2013 M&A Litigation Fillings Multi-Jurisdictional Litigation

More information

MarketsandMarkets. - Global Trends & Forecasts to 2014-2020. sales@marketsandmarkets.com www.marketsandmarkets.com

MarketsandMarkets. - Global Trends & Forecasts to 2014-2020. sales@marketsandmarkets.com www.marketsandmarkets.com NONDESTRUCTIVE TESTING MARKET By Technology (Visual, Magnetic Particle, Electromagnetic, Liquid Penetrant, Radiography, Ultrasonic) & Application (Aerospace, Defense, Automotive, Oil & Gas, Infrastructure,

More information

2017 "Best Law Firms" ALL TIER REPORT. Bryan Cave LLP

2017 Best Law Firms ALL TIER REPORT. Bryan Cave LLP 2017 "Best Law Firms" ALL TIER REPORT Bryan Cave LLP NATIONAL TIER 1 Appellate Practice Franchise Law Litigation - First Amendment Mass Tort Litigation / Class Actions - Defendants Mining Law Technology

More information

MSCI Core Infrastructure Indexes Methodology

MSCI Core Infrastructure Indexes Methodology Index Methodology MSCI Core Infrastructure Indexes Methodology January 2015 msci.com Contents 1 Introduction... 3 2 Constructing MSCI Core Infrastructure Indexes... 3 2.1 Country and Constituent Selection...

More information

AIRA. Association Insolvency & Restructuring Advisors STANDARDS FOR DISTRESSED BUSINESS VALUATION

AIRA. Association Insolvency & Restructuring Advisors STANDARDS FOR DISTRESSED BUSINESS VALUATION AIRA Association of Insolvency & Restructuring Advisors STANDARDS FOR DISTRESSED BUSINESS VALUATION i AIRA Association of Insolvency & Restructuring Advisors Standards for Distressed Business Valuation

More information

VA Authorized Agent Agreement

VA Authorized Agent Agreement VA Authorized Agent Agreement This VA Authorized Agent Agreement (the Agreement ), entered into this day of, 20 (the Effective Date ) by and between Data Mortgage Inc., d/b/a Essex Mortgage ( Lender )

More information

FACTORS TO CONSIDER IN PERFORMING A VALUATION ANALYSIS FOR A FAIRNESS OPINION

FACTORS TO CONSIDER IN PERFORMING A VALUATION ANALYSIS FOR A FAIRNESS OPINION Insights Winter 2009 58 Financial Adviser Insights FACTORS TO CONSIDER IN PERFORMING A VALUATION ANALYSIS FOR A FAIRNESS OPINION Craig A. Jacobson Valuation analyses are at the core of any fairness opinion

More information

Attorneys on a Mission

Attorneys on a Mission Attorneys on a Mission Helping REITs achieve their goals Chicago Cleveland Columbus Detroit Miami West Palm Beach Firm Overview McDonald Hopkins is a business advisory and advocacy law firm that has been

More information

PROPOSAL FORM FOR DIRECTORS AND OFFICERS LIABILITY INSURANCE

PROPOSAL FORM FOR DIRECTORS AND OFFICERS LIABILITY INSURANCE PROPOSAL FORM FOR DIRECTORS AND OFFICERS LIABILITY INSURANCE NOTICE: PLEASE READ CAREFULLY. THIS IS A PROPOSAL FOR A CLAIMS-MADE AND REPORTED POLICY. THE POLICY FOR WHICH THIS PROPOSAL IS MADE IS LIMITED

More information

Peters Advisors LLC. Presentation to the Multistate Tax Commission. Arm s Length Adjustment Project

Peters Advisors LLC. Presentation to the Multistate Tax Commission. Arm s Length Adjustment Project Peters Advisors LLC Presentation to the Multistate Tax Commission Arm s Length Adjustment Project October 6, 2014 IRS Circular 230 Notice: To ensure compliance with the requirements imposed by the IRS,

More information

FSOC Proposes Rules for Board of Governors of the Federal Reserve s Supervision of Nonbank Financial Companies. October 20, 2011

FSOC Proposes Rules for Board of Governors of the Federal Reserve s Supervision of Nonbank Financial Companies. October 20, 2011 FSOC Proposes Rules for Board of Governors of the Federal Reserve s Supervision of Nonbank Financial Companies October 20, 2011 On October 11, the Financial Stability Oversight Council (the Council) released

More information

Looking Down Under: An Approach to Global Equity Indexing in Australia

Looking Down Under: An Approach to Global Equity Indexing in Australia January 2015 CONTRIBUTOR Michael Orzano, CFA Director, Global Equity Indices michael.orzano@spdji.com Looking Down Under: An Approach to Global Equity Indexing in Australia The benefits of incorporating

More information

ATEL Growth Capital Fund 8, LLC. Financing Tomorrow s Technologies... Today

ATEL Growth Capital Fund 8, LLC. Financing Tomorrow s Technologies... Today ATEL Growth Capital Fund 8, LLC Financing Tomorrow s Technologies... Today RISK FACTORS Investors are encouraged to carefully read the Prospectus for ATEL Growth Capital Fund 8, LLC which has been provided

More information

OVERVIEW TABLE OF CONTENT

OVERVIEW TABLE OF CONTENT OVERVIEW Qualification Programme (QP) comprises four modules and a final examination. The coverage of each module is defined in competency-based terms. Competencies are set at the level of the newly-qualified

More information

= a~îáç=kk=aéìíëåü=c=`çãé~åó= ii` = = ÉëíK=NVVP. The Strategic Financial Advisor of Leading Middle -Market Companies

= a~îáç=kk=aéìíëåü=c=`çãé~åó= ii` = = ÉëíK=NVVP. The Strategic Financial Advisor of Leading Middle -Market Companies = a~îáç=kk=aéìíëåü=c=`çãé~åó= ii` = = ÉëíK=NVVP The Strategic Financial Advisor of Leading Middle -Market Companies OVERVIEW & PHILOSOPHY Founded in 1993, David N. Deutsch & Company is a New York-based

More information

INSURANCE. www.advokatskafirmasajic.com

INSURANCE. www.advokatskafirmasajic.com INSURANCE www.advokatskafirmasajic.com Law Firm Sajić is established in a form of a partnership in 2003. With six attorneys and ten expert associates and trainees is the largest law firm in the Republic

More information

General FAQs. 1. What did Hercules Offshore, Inc. (the Company or Hercules ) announce?

General FAQs. 1. What did Hercules Offshore, Inc. (the Company or Hercules ) announce? August 13, 2015 These are based on the Company s knowledge on the date hereof, and are subject to change during the restructuring process. The may not contain all the information that is relevant for your

More information

Fair Value Measurements and Disclosures (Topic 820)

Fair Value Measurements and Disclosures (Topic 820) No. 2009-12 September 2009 Fair Value Measurements and Disclosures (Topic 820) Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) An Amendment of the FASB Accounting

More information

Steven C. Hastings MBA, CPA/ABV/CFF/CGMA, ASA, CVA PRINCIPAL

Steven C. Hastings MBA, CPA/ABV/CFF/CGMA, ASA, CVA PRINCIPAL Steven C. Hastings MBA, CPA/ABV/CFF/CGMA, ASA, CVA PRINCIPAL Mr. Hastings has over twenty years of financial and valuation experience, assisting attorneys, investors, regulators and financial institutions

More information

RUSSELL INSTITUTIONAL FUNDS LLC - RUSSELL DEFENSIVE U.S. EQUITY FUND

RUSSELL INSTITUTIONAL FUNDS LLC - RUSSELL DEFENSIVE U.S. EQUITY FUND RUSSELL INSTITUTIONAL FUNDS LLC - RUSSELL DEFENSIVE U.S. EQUITY FUND FORM D/A (Amended Small Company Offering and Sale of Securities Without Registration) Filed 07/09/15 Address C/O RUSSELL INSTITUTIONAL

More information