At Peak Business Valuation, we help individuals understand the value of a business for court cases and litigation support.
Sometimes, more than a written business valuation report is needed. Particularly in court, a written report may be considered hearsay. As such, hearsay is not usually allowed as evidence. This is why we offer litigation support services. Our experts can testify in court, explaining the methods and processes we use in a litigation business valuation report.
Why Testimony is Important
A written report explains the value of a business. But, without an expert to explain it, the report may not hold up in court. This is because the court needs to understand how we reached our conclusions. Our expert witnesses can provide this explanation. They can show how we used data and information to arrive at the value for the business.
Situations Needing a Litigation Business Appraisal
Several situations may require a litigation business valuation. These include:
- Divorce:
When a couple splits, they need to divide their assets. If they own a business, often a business valuation is needed to fairly divide the business. - Partnership Dissolution:
When business partners part ways, a business appraisal can help to divide the business fairly. - Shareholder Disputes:
Sometimes, shareholders disagree. A business valuation can help settle these disputes. - Estate Taxes:
When an individual dies, you may need to know the value of a business for tax purposes. - Gifting:
If someone gives away part of their business, valuing a business can help to handle taxes properly. - Business Interruptions:
When something disrupts a business, knowing its value can help with insurance claims.
Choosing the Right Litigation Appraiser
Picking the right litigation business appraiser for a case that might go to court is important. Here are some key points to consider:
- Willingness to Testify: Make sure the business appraiser is willing to testify. Not all business appraisers are comfortable doing this.
- Experience: Check if the business appraiser has experience being an expert witness and testifying in court. They should be able to explain complex ideas in simple terms.
- Understanding Other Methods: An experienced business appraiser will understand and be able to explain valuation methods used by other experts.
Our Litigation Support Services
At Peak Business Valuation, we frequently value businesses and provide litigation business appraisals. We can also review other experts’ work. This helps identify any issues or incorrect assumptions. Our goal is to ensure every aspect of the litigation business valuation is accurate and reliable.
Mutually Agreed Upon Expert
Litigation can be expensive. To help manage costs, we offer a “Mutually Agreed Upon Expert” service. This means both parties in a dispute can hire us together. We act as an independent expert, even though both sides hired us.
Here’s how it works:
- Clear Communication: We send emails to everyone involved simultaneously. This includes clients and their attorneys. This way, everyone stays informed.
- Objective Analysis: We review information from both sides. We then share our unbiased conclusions in a single email. This approach ensures fairness and transparency.
Why Choose Peak Business Valuation for Litigation Valuations
Choosing the right business appraiser for litigation support is crucial. Here are some reasons to choose Peak Business Valuation for your litigation business valuation:
- Expertise: Our team has extensive experience in business valuation and litigation support. We know how to explain complex concepts in a way everyone can understand.
- Integrity: We follow the highest standards of honesty. Our conclusions are unbiased and based on thorough analysis.
- Comprehensive Support: We provide full litigation support services from start to finish. This includes the initial litigation valuation, expert testimony, and reviewing other experts’ work.
Dealing with a business valuation in court can be complicated. At Peak Business Valuation, we are committed to helping you every step of the way. Whether you are dealing with a divorce, partnership split, shareholder dispute, or any other situation, we are here to assist. Contact us today to learn more about our litigation support services and how we can help you with a litigation business appraisal.
How We Support Your Case
When you hire Peak Business Valuation, you get more than just a business valuation report. You get a team dedicated to supporting your court case. Our experts explain their methods clearly. They stand by their conclusions and are ready to testify in court. This makes your case stronger.
Our Process
- Initial Consultation: We start with an initial consultation. We discuss your business valuation needs and gather key information about your business.
- Valuation: Next, we perform a thorough valuation of your business. We use proven methods to ensure accuracy.
- Report Preparation: We prepare a detailed business valuation report. This report explains our methods and conclusions.
- Testimony: If needed, our experts testify in court. They explain the litigation valuation report and answer any questions.
Our Commitment
At Peak Business Valuation, we are committed to providing the best service possible. We understand that litigation can be stressful. That’s why we aim to make the process as smooth as possible. We communicate clearly and work diligently to support your case. Our litigation business appraisals are easy to understand and if needed we can provide an expert witness.
Contact Peak for a Litigation Valuation Today!
If you need litigation support services, contact Peak Business Valuation today. Our team is ready to help you with all your litigation business valuation needs. We provide expert testimony, thorough analysis, and clear communication.
Recent Testimony Presented
Case No. CV42-16-3949
- Court: District Court for the Fifth Judicial District of the State of Idaho, Twin Falls County
- Date: August 20, 2018
- Purpose: Divorce
- Appearance: In person
Case No. 50-2018-CA-015384-XXXX-MB
- Court: Circuit Court of the 15th Judicial Circuit for Palm Beach County, Florida
- Date: July 2, 2020
- Purpose: Deposition
- Appearance: Video conference
Case No. 50-2018-CA-015384-XXXX-MB
- Court: Circuit Court of the 15th Judicial Circuit for Palm Beach County, Florida
- Date: July 16, 2020
- Purpose: Partner Dispute
- Appearance: Video conference
Case No. C-13-CV-23-000073
- Court: Circuit Court for Howard County, Maryland
- Date: February 2, 2024
- Purpose: Deposition
- Appearance: In person
Case No. S244857
- Court: Judicate West – San Diego
- Date: July 24, 2024
- Purpose: Partner Dispute
- Appearance: Written Declaration
We are committed to providing thorough and reliable expert testimony for all our clients. If you need expert testimony for your business court case, contact Peak Business Valuation today.
