Category: Chemicals / Toxic Substances Baby Injured by Hazardous Material on Stroller: How a Chemical Expert’s Detective Work Helped Solve the Mystery TASA ID: 745 A young mother purchased a child stroller at a local mass merchandiser store in Indianapolis, Indiana, in early summer. Later that day she began walking with the baby in the stroller to bring her infant daughter to visit the child's grandparents about two miles away. With the child safely strapped in the new stroller, she walked for about an hour, stopping twice to comfort her baby, who was crying and appearing uncomfortable. Read more
Category: Business & Commerce, Financial/Economic A Comparison of a Commonly Used Valuation Multiple to Real World Data TASA ID: 4374 A few months ago, I had an interesting chat with a very successful proprietor of a contractor supply retailer. He explained that, in his line of business, the sales price of a firm would be three to four times earnings before interest, taxes, depreciation and amortization (EBITDA), plus inventory, less dead and dying stock. Read more
Category: Business & Commerce, Financial/Economic Due Diligence - Securities Applications and Regulatory Requirements TASA ID: 388 This article is to inform and assist the individual or entity who is claiming that their securities professional and firm failed in their duty to conduct thorough, proper investigation/research, commonly known as "due diligence." Investment professionals, regulators and lawyers often inappropriately use the term due diligence, which causes confusion in both the implementation of "due diligence" work and later in the attempt to ferret out what were and were not the regulatory requirements under the rules relating to due diligence. Read more
Category: Appraisals / Valuations The Professional Art Appraisal: What Attorneys and Clients Should Expect TASA ID: 412 Attorneys often require experts to value fine arts in connection with litigation proceedings. Appraisers who are experienced in detailed record keeping and who employ ethical research procedures will meet an attorney's needs. Appraisal experts who can also defend their value estimates under cross- examination can be useful in deposition and at trial. Read more
Category: Appraisals / Valuations A Primer on Business Valuation TASA ID: 322 Even though some of the largest cases that attorneys handle involve valuing an entire business, very few attorneys can intelligently discuss business valuation. The subject is not a part of a typical law school curriculum. Consequently, many attorneys and others feel that appraising a business and appraising a piece of real estate (a process with which most people in the business world are familiar) are the same process. The truth is that there are a few very basic overlapping theories of value, but few similarities beyond that. Read more
