Contents
HOW STANDARD OF VALUE CAN AFFECT THE ULTIMATE CONCLUSION OF VALUE
Chapter 1: Common Standards and Premises of Value
COMMON OPERATIONAL PREMISES UNDERLYING THE STANDARD OF VALUE
Chapter 2: Fair Market Value in Estate and Gift Tax
Chapter 3: Fair Value in Shareholder Dissent and Oppression
FAIR VALUE AS THE STANDARD OF VALUE IN DISSENT, OPPRESSION, AND ENTIRE FAIRNESS CASES
THE APPRAISAL REMEDY FOR DISSENTING SHAREHOLDERS
FAIR VALUE IS THE STANDARD OF VALUE IN APPRAISAL AND OPPRESSION IN ALMOST ALL STATES
THE VALUATION DATE—BEFORE THE EFFECTUATION OF THE CORPORATE ACTION TO WHICH THE SHAREHOLDER OBJECTS
CUSTOMARY AND CURRENT VALUATION TECHNIQUES
OHIO'S UNFAVORABLE STANDARD OF VALUE IN APPRAISALS
FAIR VALUE NORMALLY EXCLUDES DISCOUNTS AND PREMIUMS
EQUITABLE ADJUSTMENTS TO FAIR VALUE
Chapter 4: Standards of Value for Partnership and Limited Liability Company Buyouts
PARTNERSHIPS AND LIMITED LIABILITY PARTNERSHIPS (LLPS)
LIMITED LIABILITY COMPANIES, GENERALLY
Chapter 5: Standards of Value in Divorce
PREMISES AND STANDARDS OF VALUE IN DIVORCE
STANDARDS OF VALUE IN DIVORCE AMONG THE 50 STATES
Chapter 6: Fair Value in Financial Reporting
APPLICATION OF THE FAIR VALUE STANDARD TO BUSINESS COMBINATIONS
APPLICATION OF THE FAIR VALUE STANDARD TO ASSET IMPAIRMENT TESTS
INTERPRETATION OF FAIR VALUE COMPARED TO OTHER STANDARDS OF VALUE
APPENDIX: SOURCES OF INFORMATION
Appendix A: International Business Valuation Standards
INTERNATIONAL VALUATION STANDARDS COUNCIL
ROYAL INSTITUTE OF CHARTERED SURVEYORS
INTERNATIONAL FINANCIAL REPORTING STANDARDS
Appendix B: Chart—Fair Value in Dissent and Oppression
Appendix C: Standards of Value in Divorce Classifications by State and Standard of Value