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January 2013: William Quackenbush, managing director of Advent Valuation Advisors (NY) provided expert witness testimony in a New York partnership dispute case. The case, which went to the Appellete Division of the Second Department, agreed with Mr. Quackenbush's testimony regarding the relationship between book value and fair market value as applied in Section 69(2) of the New York Partnership Law. You can read more about it here. June 2012: William Quackenbush, managing director of Advent Valuation Advisors (NY) was a book reviewer for the just published book by Michael A. Gregory, "How to Work with the IRS: Strategies for Attorneys, Accountants & Appraisers." The book can be ordered here. February 2012: William Quackenbush, managing director of Advent Valuation Advisors (NY) recently wrote an article entitled "Current Issues in Developing the Cost of Capital" that was recently published in the bi-monthly journal, Financial Valuation and Litigation Expert (Isssue 35). A copy of the article is available here. June 2011: The International Institute of Business Valuers (IIBV) has named William Quackenbush, managing director of Advent Valuation Advisors (NY), Vice Chair of the Board of Directors. The IIBV's mission is to lead the business valuation profession globally by providing educational opportunities, promoting consistent professional ethics and standards, facilitating the exchange of information and ideas, and encouraging international co-operation and communication. For more information, visit the IIBV website at www.iibv.org. April 2011: William Quackenbush, managing director of Advent Valuation Advisors (NY), has been awarded the Master Certified Business Appraiser (MCBA) business valuation designation by the Institute of Business Appraisers. The MCBA is the highest professional designation awarded in the business valuation industry, and recognizes the extraordinary competence of a few highly skilled and experienced individuals whose work has been widely accepted by clients and acknowledged by their most senior professional colleagues. The Institute of Business Appraisers states that the MCBA is a designation not commonly available except to the best-of-the-best professional appraisers, and is intended to indicate to users of appraisal services that the holder has achieved a high distinction of competence in his/her profession. MCBA's must have held the Certified Business Appraiser (CBA) designation for not less than ten years, and must have fifteen-years full-time experience as a business appraiser. Their experience must include valuation of a variety of business types and appraisals for a variety of purposes. March 2011: The New York law firm of Pryor Cashman reported that, after three days of trial, its client, Deep Woods LLC, emerged victorious in its litigation against the Savings Deposit Insurance Fund of the Republic of Turkey (“SDIF”). Judge Alvin K. Hellerstein of the U.S. District Court for the Southern District of New York awarded Deep Woods $16.2 million in contract damages, plus attorneys’ fees, interest, and costs which will bring the total amount of the judgment to more than $25 million. William Quackenbush provided valuation and expert witness testimony in that case. Click here to read the court's findings of fact. November 2010: William Quackenbush traveled to Brazil to teach two advanced business valuation classes for the American Society of Appraisers at the San Paulo offices of accounting firm, Ernst & Young. October 2010: William Quackenbush presented "Errors in Litigation Valuation Reports" at the American Society of Appraisers' Advanced Business Valuation Conference, held in Miami on October 4 -6 2010. Attended by 600 business appraisal professionals from 27 country on 6 countinents, the conference addressed advanced valuation topics in litigation, financial reporting, and merger acquisition arenas. July 2010: William Quackenbush has been elected as Chair of the American Society of Appraiser's Business Valuation Committee, which is responsible for the education, valuation standards, and credentialing of its members. The American Society of Appraisers is the nation's oldest multi-disciplinary accrediting appraisal organization. The ASA credential in Business Valuation was recently acknowledged by Inc Magazine as one of the "senior designations you should look for when hiring an appraiser." June 2010: William Quackenbush was a presenter at the Community Foundation of Orange/Sullivan's estate planning seminar entitled, Estate Planning: Preservation, Planning, & Philanthropy. The seminar addressed current issues and strategies in estate planning, as well as developing legal, regulatory, and tax environments. Mr. Quackenbush spoke on the use of business valuations in estate planning and compliance. May 2010: John Wiley and Sons, Inc just published “IFRS Fair Value Guide: The IACVA International Handbook” (ISBN 978-0-470-47708-3) William Quackenbush is a contributing author to the text, providing the materials for the chapter entitled, "Strategy and Benchmarking." April 2010: William Quackenbush traveled to Moscow, Russia to teach two advanced business valuation classes for the American Society of Appraisers at the Moscow offices of accounting firm, PriceWaterhouse Coopers. February 2010: William Quackenbush has been awarded the professional credential, Acredited in Business Appraisal Review, or ABAR, by the Institute of Business Appraisers. Those holding the ABAR designation have successfully completed professional coursework, competency exams, and peer review. Visit the IBA's website for more information on the Institute of Business Appraisers and the ABAR credential. Janaury 2010: The Business Valuation Journal, Business Valuation Update, published an article entitled, 2010 BV Megatrends: How Will They Affect Your Practice? in its January 2010 (Vol 16, No1) issue. The article extensiviely quotes Advent's Managing Director, William Quackenbush from an article he wrote in the American Society of Appraiser's weekly BV E-Letter, for which he is the editor. November 2009: William Quackenbush has served as the editor of the American Society of Appraiser's weekly BV E-Letter since 2006. His November 4, 2009 article on BV megatrends was picked up by BV Resources' BV-Wire, a weekly eletter to BV professionals. The article, in the November 11 Issue (86-2) issue, was entitled: 2010 BV Megatrends: bifurcation but not unification November 2009: The October/November 2009 issue of the Financial Valuation and Litigation Expert includes an article written by William Quackenbush entitled Risk Assessment and the DuPont Formula. Mr. Quackenbush serves on the publication's Panel of Experts. See a copy of the article here. October 2009: William Quackenbush was a presenter at the Community Foundation of Orange/Sullivan's annual estate planning seminar entitled, A Time to Plan: Unparalleled Opportunities. The seminar, offered in both September and October of this year, addressed current issues and strategies in estate planning, as well as developing legal, regulatory, and tax environments. Mr. Quackenbush spoke on the use of business valuations in estate planning and compliance, as well as recent changes in how the Internal Revenue Service defines a qualified appraiser and a qualified appraisal. August 2009: William Quackenbush taught a four day business valuation course for the Institute of Business Appraisers entitled Essentials of Business Valuation. The four day course is intended to prepare business appraisers July 2009: William Quackenbush has been elected as Vice Chair of the American Society of Appraiser's Business Valuation Committee, which is responsible for the education, valuation standards, and credentialing of its members. The American Society of Appraisers is the nation's oldest multi-disciplinary accrediting appraisal organization. The ASA credential in Business Valuation was recently acknowledged by Inc Magazine as one of the "senior designations you should look for when hiring an appraiser." July 2009: William Quackenbush presented a 2 hour webinar for the Institute of Business Appraisers entitled The Financial Meltdown: Impact on Business Valuation. Business appraisers from around the US participated in the webinar, which addressed such issues as problems with rate of return estimates, forecasting, and sustainable growth assumptions. June 2009: William Quackenbush has been named to the Financial Valuation and Litigation Expert Journal's Panel of Experts and is a contributing author to the publication, a professional journal for business appraisers. May 2009: Richard Freed, Director of Advent's Virginia office, has earned an Accredited Member (AM) designation from the American Society of Appraisers. The prestigeous designation is awarded to individuals who evidence a significant amount of technical competence through testing and peer review, as well as documented experience in business appraisal. May 2009: William Quackenbush has been elected to the Education Board of the Institute of Business Appraisers. The Education Board is responsible for the development and implementation of professional valuation education programs offered by the IBA. December 2008: The Business Valuator, the monthly publication of the Canadian Institute of Certified Business Valuators, republished William Quackenbush's two BV-Wire commentaries on the effects of the financial downturn on the business valuation profession and on valuation analysis itself. December 2008: BV Resources, BV-Wire, a weekly eletter to BV professionals, published an article on how the current financial crisis will affect business valuation, in which William Quackenbush was quoted. The article, in the December 10, 2008 Issue (75-2) was entitled, BV Experts Weigh In on the Factors that Impact Value Conclusions. November 2008: William Quackenbush, ASA, CBA was quoted in the November 2008 edition (Vol 14, No 11) of Valuation Update, in an article (page 10) entitled, What Will the Wall Street Meltdown Mean to the BV Profession? In addition, page 12 contains a sidebar written by Quackenbush, entitled, "Three Ways the Financial Crisis Will Impact the BV Profession. October 2008: BV Resources, BV-Wire, a weekly eletter to BV professionals, published an article on how the current financial crisis will affect business valuation, in which William Quackenbush was quoted. The article, in the October 15, 2008 Issue (73-3) was entitled, How Will the Financial Crisis Impact the BV Profession? September 2008: Gary Trugman's book, Understanding Business Valuation: A Practical Guide to Valuing Small to Medium Sized Businesses (3rd Ed.) was published by the American Institute of Certified Public Accountants. William Quackenbush, ASA, CBA, was the technical reviewer for the third edition text, which is available either directly from the AICPA. March 2008: William Quackenbush, ASA, CBA, was quoted in a recent article published by Fortune CNN/Money on the topic of business valuation Published March 3, 2008 the article is entitled "Valuing a Business You'd Like to Acquire". March 2008: William Quackenbush, ASA, CBA, is pleased to announce the opening of Advent Valuation Advisor's new office in the Washington DC metro area. Located in Fredericksburg, Virginia, the office is staffed by Richard, Freed, MBA, CBA. For more information on the Washington DC metro office, contact Mr. Freed at 540-371-7608. February 2008: William Quackenbush, ASA, CBA, is pleased the launching of a blog on business literacy, Driving Your Company's Value The blog is jointly hosted with James Rigby, ASA, ABV, CPA and managing director of the Financial Valuation Group. The mission of blog, Driving Your Company's Value, is to assist itsreaders in understanding what drives a company's value and to master the business literacy (knowledge) required to take advantage of those drivers of value. The focus is towards business owners and their advisors. January 2008: The Times-Herald Record, the daily newspaper in the Hudson Valley (owned by Ottaway Newspapers, a division of Dow Jones Corp), published a front page business section article on William Quackenbush's trip to Beijing, China, where he taught business valuation courses to the Chinese Appraisal Society on behalf of the American Society of Appraisers. The article was entitled, Teaching Value in Business. January 2008: BV Resources, BV-Wire, a weekly eletter to BV professionals, published an article on business valuation in China, highlighting William Quackenbush's participation in teachng American Society of Appraisers' business valuation education courses to the Chinese Appraisal Society in Beijing, China in December 2007. The article, in the January 2008 Issue (64-2) was entitled, ASA taking BV to China’s Growing Appraisal Population. December 2007: William Quackenbush, ASA, CBA, taught two principles of business valuation courses to members of the Chinese Appraisal Society in Beijing, China, for 10 days in December, 2007. Sponsored by the American Society of Appraisers, Mr. Quackenbush spoke on valuation issues relating to both the income approach and the market approach to valuing privately-owned businesses, including issues relating to international cost of capital and emerging markets for valuations relating to mergers & acquisitions, international financial reporting, and project privatization. The Hudson Valley's newspaper, The Times Herald Record, wrote an article on the trip. September 2007: Advent Valuation Advisors is pleased to announce that it has relocated its Hudson Valley, New York office to 2280 Route 208, Montgomery, New York, located just minutes from the intersection of Interstate 87 and Interstate 84. The phone and fax number remiain the same at 845.567.0900 (phone) and 845.913.9251 (fax). August 2007: William Quackenbush, ASA, CBA, has been re-elected to the Business Valuation Committee of the American Society of Appraisers (ASA), the governing body of the ASA's business valuation discipline, for a three-year term. He has also been appointed to both the Committee's Education subcommittee and Strategic Planning subcommittee. Mr. Quackenbush has been a member of the ASA since 1998. May 2007: William Quackenbush, ASA, CBA, was quoted in BVResources, "BVWire (The May2007 Issue56-2)" a weekly eletter to business appraisa professionals. The article, Of Ignorance and Irony—One Buy-Sell ‘War Story’ addressed the importance of consulting BV experts earlly on in shareholder litigation. May 2007: William Quackenbush, ASA, CBA, taught "Introduction to Business Valuation," an American Society of Appraisers credentialing course that Mr. Quackenbush led the development of, to employees of PriceWaterhouseCoopers at their midtown Manhattan office. February 2007: William C. Quackenbush, ASA, CBA, was the guest speaker at the Sullivan County Bar Association February 2007 dinner meeting. His topic was Standards of Value, which he covered in the context of recent court cases, legislation and IRS publications. The documents are available on the website (click here). December 2006: The Matrimonial Strategist, a monthly publication to matrimonial attorneys, published an article written by William C. Quackenbush, ASA, CBA, entitled "Valuing Licences and Degrees, New York Style." The article discussed the legal genesis of enhanced earnings capacity measurement as a marital asset in New York, outlined the variable inputs and analysis techniques, and identified common errors in these analyses. November 2006: William Quackenbush, ASA, CBA, taught a four-day course, Essentials of Business Valuation, for the Institute of Business Appraisers in Washington, DC. The course covered the application and synthesis of valuation methods from the income, market, and asset approaches, and also introduced the topic of marketability and control discounts/premiums. Students taking the course were preparing for credentialling by the Institute of Business Appraisers. October 2006: William Quackenbush, ASA, CBA, along with Paul Bauman, ASA, taught two four- hour training sessions for the American Society of Appraisers to valuation engineers employed by the Internal Revenue Service. Topics included discounts for control and marketability, blockage discounts using Black-Sholes modeling, and imbedded capital gains.
June 2006: William Quackenbush, ASA, CBA, has been elected to the Business Valuation Committee of the American Society of Appraisers (ASA), the governing body of the ASA's business valuation discipline. Mr. Quackenbush has been a member of the ASA since 1998. He also currently serves on the Business Valuation Education Committee, and is the course developer for one of the profession's four credentialing courses, Introduction to Business Valuation. He has taught these courses for the ASA nationally and internationally. If you are interested in how our Valuation Services can benefit your company, please call us at 845.567.0900 or request more information. Client Testimonials
News & UpdatesJanuary 2013: William Quackenbush, managing director of Advent Valuation Advisors (NY) provided expert witness testimony in a New York partnership dispute case. The case, which went to the Appellete Division of the Second Department, agreed with Mr. Quackenbush's testimony...(read more) June 2012: William Quackenbush, managing director of Advent Valuation Advisors (NY) was a book reviewer for the just published book by Michael A. Gregory, "How to Work with the IRS: Strategies for Attorneys, Accountants & Appraisers." (read more) February 2012: William Quackenbush, managing director of Advent Valuation Advisors (NY) recently wrote an article entitled "Current Issues in Developing the Cost of Capital" that was recently published....(read more) March 2011: The New York law firm of Pryor Cashman reported that, after three days of trial, its client, Deep Woods LLC, emerged victorious in its litigation against the Savings Deposit Insurance Fund of the Republic of Turkey (“SDIF”). William Quackenbush provided valuation and expert witness testimony in that case...(read more)
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