Resources
The material contained in these articles and downloads is for your information only and is not to be reproduced or reused without our express written consent. The content will not apply in all situations or in all jurisdictions. The Cases Citing Vance are a few of the 40+ appellate cases in which he testified in the trial as an expert.
Lunn v. Lunn - 2015 - No Goodwill in Dental Practice Due to it Being a Sole Proprietorship
June 29, 2015 | Case Citing Vance
Trial court ruled that dental practice had enterprise goodwill. Based on the precedent of Hartline, the Eastern Section COA determined that the adoption of a valuation that expressly included enterprise goodwill was erroneous because the business involved was a sole proprietorship. The COA remanded for the trial court to determine the value of the dental practice without consideration of professional or enterprise goodwill.
Vinson v. Vinson - 2013 - Vance's Article on Child Support and W-2's Cited
September 11, 2013 | Case Citing Vance
Robert Vance, “The W-2 as Roadmap for Tennessee Child Support Guideline Income,” Family Practice, The Newsletter for the Family Law Section of the Tennessee Bar Association (August 2002) (discussing the various boxes and which should be used in different circumstances).
Eberting v. Eberting - 2012 - Enterprise Goodwill Allowed in Orthodontic Practice
February 27, 2012 | Case Citing Vance
Tennessee Court of Appeals Eastern Section - Filed February 27, 2012; Robert Vance testified as the expert witness in this case in Knoxville, TN. Vance valued the orthodontic practice at $700,000 using a combination of the Market Transaction Method with data from the Goodwill Registry and the Capitalization of Net Cash Flow Method.
Roach v. Dixie Gas Company et al. - 2011 - Vance Gives Opinion of Zero Damages
November 14, 2011 | Case Citing Vance
Tennessee Court of Appeals Western Section – Filed November 14, 2011; “Finally to rebut the economic conclusions of the Plaintiffs’ economist, Dr. Bates, the Defendants proffered the testimony of William Robert Vance (‘Mr. Vance’), a forensic accountant and business evaluation analyst.
Lofton v. Lofton - 2008 - "Oddities" in the Accounting Practices
December 30, 2008 | Case Citing Vance
Tennessee Court of Appeals Western Section – Filed December 30, 2008; At the February 2005 hearing, Ms. Lofton’s expert William Vance, a forensic CPA, indicated that Mr. Lofton might be using his association with his daughter, Ms. Lofton-Welles to hide business assets.
Powell v. Powell - 2003 - Owner Held to Values in Personal Financial Statements & Rev Ruling 59-60 Does Not Have to be Strictly Followed
April 7, 2003 | Case Citing Vance
Tennessee Court of Appeals Western Section - Filed April 7, 2003; Fair Market Value Standard as in IRS Rev. Rul. 59-60 does not have to be strictly followed when valuing a business in a divorce. Business owners can be held to values declared by them in personal financial statements submitted to banks. Credentials and experience of business valuation analysts are critical.