Featuring (click image for more information):

Robert M. Lloyd J.D. University of Tennessee College of Law	Neil Beaton CPA/ABV, CFA, ASA Grant Thornton, LLP

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Why You Should Attend:

Though never simple, lost profits and damages cases are acutely difficult in the two areas covered in Part 2 of BVR’s Webinar Series on Damages Essentials: reasonable certainty and early stage company claims.  In their presentation, Robert Lloyd, the Lindsay Young Distinguished Professor of Law at the University of Tennessee College of Law, and expert appraiser Neil Beaton will show how the complexity of these two issues have evolved, what they mean for your reports and testimony, and how to best approach them in lost profits cases.

In the first part of our presentation, Lloyd will show that though every United States jurisdiction has adopted a rule requiring plaintiffs to prove lost profits within reasonable certainty, no court has actually defined what this means, and some have even confessed to not knowing at all.  Beaton will then cover how to assess lost profits claims for early stage or start up companies that usually lack a track record of operating results, thereby nullifying the applicability of many of the usual lost profits analysis techniques.

Agenda:
Topics to be covered include

• Making the court confident the estimate is accurate
  • Using verifiable data
  • The plaintiff’s track record
  • The number of risks in the projections
• The fact of damages vs. the amount of damages
• The effect of the defendant’s moral fault
• The extent of proof vs. the amount at stake
• Alternative measures of damages

Learning Objectives:

• Learn how to prepare a lost profits analysis such that the court understands your methodology, reasoning, and ultimately, your conclusion.
• Understand how courts view lost profits analysis and what you can do to the prepare for these idiosyncrasies.
• Learn how lost profits and economic damages calculations should be performed for early stage companies.
• Understand where and why early stage damages cases arise and how those factors impact the appraiser's analysis.

BVR's Webinar Usage Policy

Purchase of admission to any of BVR's webinars grants ONE phone connection and ONE computer connection per physical location per registration. Additional unregistered phone or computer connections are a violation of BVR's Webinar Usage Policy, and BVR reserves the right to withhold CPE credits from both registered and unregistered users in violation of this policy.

Group Discounts Available

For group discounts on Webinars contact Linda Mendenhall at lindam@bvresources.com or (503) 291-7963 ext. 125.

CPE Credits for Unlimited Listeners

Have as many eyes and ears take advantage of your registered connections as possible:CPE credit is available for an unlimited number of listeners to any registered line. To add listeners for CPE credit, contact customer service (cs@bvresources.com or (503) 291-7963) with main registrant's name, the names of the persons to receive credit, and their email addresses. We welcome as many eyes and ears to take advantage of those connections as possible.

CPE Information

Prerequisites: Knowledge of Business Valuation
Program Level: Advanced
Preparation Required: None
Delivery Method: Group-Live
Recommended CPE: 2 Credit Hours (Consulting Services)

Business Valuation Resources, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. www.nasba.org NASBA Sponsor

On Demand Packs: Conference Recordings & Transcripts

BVR's On Demand Packs are an indispensable addition to any valuation reference library. Use them as training tools as many times as you'd like, wherever you are: play them at your computer at work or home, in your car, or on your personal audio device.

Each On Demand Packs includes:

• Recordings and transcripts of the presentation
• All presentation visual aides and handouts
• All ancillary reading materials suggested by our presenters

For a complete list of available On Demand Packs from past webinars, click here.