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NFL Opens Doors to Equity Firms
In a significant shift for the National Football League (NFL), recent changes to the league’s ownership rules now permit equity firms to invest in minority shares of teams. This development marks a major transformation in the way NFL teams can be financed and managed, potentially reshaping the league’s ownership landscape. The NFL is the last…
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How to Value: Nursery & Garden Stores
Industry Description The nursery & garden stores industry retails a broad range of nursery and garden products to households and the farming community (NAICS 444200). Retailed products include trees, shrubs, plants, seeds, bulbs and sod. This industry also retails farm supplies such as animal feed, excluding pet food. The following are some basic characteristics…
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The Basics of Fixed Fee Engagements
Fixed fee engagements are beneficial for both the client and the expert witness. The client knows in advance what the final deliverable will be and how much it will cost. For the expert witness, it is easier to bill and collect when compared to billing hourly rates, preparing a detailed bill, then wait for review…
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Common Pitfalls in Lost Profits
Accurately assessing lost profits is crucial for determining adequate compensation in legal disputes. However, this task is fraught with potential pitfalls, and mistakes can undermine the credibility of a claim, affect settlement efforts, and influence court decisions. To ensure precision and reliability, it is essential to be aware of and avoid common pitfalls in the…
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How to Value: Tire Dealers
Industry Description The tire dealers industry retails tires and tire tubes for automobiles like passenger cars, sport utility vehicles and commercial trucks (NAICS 441300). This industry includes maintenance services and excludes mail order and online tire sellers. The following are some basic characteristics of the tire dealers industry: Industry Trends The tire dealers industry is…
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Special Issues in Intellectual Property Valuation
Intellectual property valuation is a complicated subject. Intellectual property valuation is hindered by the difficulty of sourcing financial information specific to the intellectual property. It is difficult (though not impossible, that is what Our Experts do) to separate the economic effects of an intellectual property from that of the company exploiting them. Intellectual property suffers…
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Investigating Financial Fraud
Once you have discovered some manner of theft from your (or your client’s) company, it is important to handle the situation carefully and responsibly. Fraud investigations are complex and multifaceted processes that require a systematic approach throughout. Assemble a Team of Professionals The first step in assessing an internal fraud is to assemble a team…
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How to Value: Florists
Industry Description The florists industry retails cut flowers, floral arrangements and potted plants (NAICIS 453100). Industry players purchase products from domestic and international flower farms and wholesalers then sell them to the public. This industry excludes players who primarily serve as electronic shopping websites or do mail-order. The following are some basic characteristics of…
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Copyright Damages Can Extend Beyond Three Years
In certain circumstances. A 6-3 decision on Warner Chappell Music, Inc. v. Nealy held that damages for copyright infringement can include all infringing acts, not just damages in the past three years. Prior to this decision, damages were limited to a three-year period under the Copyright Act. Background Music from the now defunct Music Specialists,…
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The Basics of the Panduit Test
Establishing a clear framework for assessing damages is essential in patent and intellectual property litigation. One of the most widely recognized methods for determining damages in patent infringement cases is the Panduit Test. The Panduit Test provides a structured approach to evaluate the financial impact of patent infringement. While the Panduit Test was originally created…
