Sapnas Quoted in Private Debt Investor

In Private Debt Investor: The EBITDA addback is one of the most worrying aspects of loan documentation. Market professionals detail how prevalent and potentially damaging it has become.

Edward Hamilton Published in Accounting Today: Contingent Consideration

“Contingent consideration can raise thorny accounting, valuation, and legal issues, but it’s too useful to take off the table.”

VRC Recognized for Service to the Industry

Business Valuation Update writes: “During a recent media briefing by senior members of VRC, an impressive note was struck when they talked about their involvement in the profession.”

Peter Morrison, Ryan MacLean, Kevin Rowley Published in Financial Executives International News

“The one area we see many companies still struggling is coming up with the applicable incremental borrowing rate.”

Accounting Today Features John Czapla, Paul Balynsky

Czapla to Accounting Today: “Don’t expect any drastic changes in the guide when it’s finally released.”

Valuation Issues in Japan

Financial reporting in Japan is mostly based on Japanese Generally Accepted Accounting Principles (JGAAP) and International Financial Reporting Standards (IFRS).

Deal Lawyers Discusses Fairness Opinions with Chad Rucker

In the Jan-Feb 2019 issue of Deal Lawyers, Chad Rucker focuses on strategies for dealing with conflicts that may exist when a fairness opinion provider also receives an M&A success fee.

Mellen Featured in Chartered Accountants, Australia-New Zealand News

A robust economic environment creates optimum valuation opportunities, but even a downturn creates demand for business valuers.

Trusts & Estates Features Chris Mellen

Mellen notes, “Considering the current level of M&A activity, I’ve seen a marked increase in demand for valuations of shares of privately held companies…”

With Great Access to Capital Comes Great Responsibility

Credit, especially senior credit, stands out from its peers in what many allocators consider a late stage in the economic cycle.