LITIGATION SUPPORT
Litigation Valuation Services for Business Disputes & Economic Damages
Business Valuation Advisors provides independent business valuation, appraisal review, and financial analysis for attorneys, business owners, and other parties involved in litigation and contested financial matters. Engagements may involve shareholder and partner disputes, marital dissolution and divorce, buy-sell matters, lost profits, economic damages, ownership interests, and other situations in which value or financial performance is disputed.
Litigation-related valuations require more than a calculated number. The underlying assumptions, financial information, normalization adjustments, valuation approaches, market evidence, and professional judgments must be capable of being explained and supported. BVA develops its analyses with this scrutiny in mind, documenting the procedures performed, information relied upon, assumptions considered, methodologies applied, and reconciliation supporting the ultimate conclusion.
When appropriate, BVA can also assist with appraisal review and rebuttal, analysis of an opposing expert’s valuation, financial statement reconstruction, earnings normalization, lost-profit and economic-damages analysis, and attorney-facing consulting. Expert witness and testimony services are considered on a case-by-case basis based on the nature of the matter, available evidence, and scope of the engagement.
BVA is led by Joshua Himan, CVA®, BCA®, CMEA®, an experienced private-company valuation professional. Valuation engagements are developed in accordance with the applicable professional standards for the assignment, with particular attention to independence, objectivity, documentation, and a well-supported conclusion.
- Independent Valuation & Appraisal Review
- Shareholder, Partner & Marital Dispute Analysis
- Lost Profits, Economic Damages & Attorney Support
MATTERS WE SUPPORT
When Business Valuation Becomes Part of a Dispute
WHAT BVA PROVIDES
Litigation Analysis Built for Scrutiny
In contested matters, the valuation conclusion is only as strong as the analysis supporting it. BVA focuses on the financial evidence, assumptions, methodologies, and professional judgments most likely to matter when a valuation is reviewed, challenged, or explained.
SEE THE WORK PRODUCT
Review a Redacted Litigation Valuation Report
Prospective clients and counsel can review a redacted sample to see the level of analysis, documentation, methodology, and reporting typically included in a BVA litigation valuation engagement.
Professional Credentials Across the BVA Team
Frequently Asked Questions About Litigation Valuation
BVA provides business valuation and financial analysis for shareholder and partner disputes, divorce and marital dissolution, buy-sell and ownership disputes, lost profits and economic damages matters, appraisal review and rebuttal, and other contested financial matters. The specific scope is tailored to the facts, available evidence, intended use, and needs of counsel or the client.
BVA analyzes the financial and operating evidence relevant to the claimed loss, including historical results, expected performance, causation assumptions provided by counsel, mitigation, incremental costs, and the appropriate measurement period. The analysis is designed to separate the financial calculation from legal conclusions and to document the assumptions and evidence supporting the damages model.
The information required depends on the matter, but engagements commonly begin with historical financial statements, tax returns, general-ledger detail, ownership records, relevant agreements, prior valuation reports, transaction documents, and materials related to the disputed issues. BVA provides a focused information request after the scope is established so that counsel and the client know what is needed and why.
The appropriate work product depends on the assignment. BVA can prepare a detailed business valuation report with a conclusion of value, a focused appraisal review or rebuttal memorandum, an economic damages analysis, or other attorney-facing financial analysis. The scope, intended users, applicable professional standards, and anticipated use of the work are established at the beginning of the engagement.
BVA approaches litigation assignments as an independent valuation and financial analysis professional. Conclusions are developed from the available evidence, applicable valuation methods, documented assumptions, and professional judgment rather than from a desired litigation outcome. Engagement fees are not contingent on the valuation conclusion, settlement, or result of the dispute.
Yes, depending on the available evidence. BVA can analyze and reconcile financial statements, tax returns, general-ledger detail, bank and transaction records, and other supporting documentation to identify inconsistencies and develop a supportable financial picture. Any material gaps, assumptions, management representations, or limitations are clearly identified rather than treated as verified facts.
The appropriate standard of value depends on the purpose of the valuation, governing agreements, applicable law, and the requirements of the specific matter. Depending on the assignment, the standard may be fair market value, fair value, or another defined standard. BVA works with counsel to identify the applicable valuation framework and clearly states the selected standard, premise of value, and related assumptions in the report.
Yes. Litigation matters often require valuation as of a date in the past. BVA can perform retrospective valuations using financial, economic, industry, transaction, and other information that was known or reasonably knowable as of the selected valuation date. Subsequent events may be considered only when appropriate and are clearly distinguished from valuation-date information.
Yes. BVA can evaluate an opposing valuation report, including the financial data relied upon, normalization adjustments, valuation methods, market evidence, assumptions, discounts or premiums, and reconciliation of value. When appropriate, BVA can prepare a focused appraisal review, rebuttal analysis, or attorney-facing memorandum identifying areas of agreement, disagreement, and potential analytical weakness.
Yes, when appropriate. BVA can provide attorney-facing consulting, deposition and trial preparation, and expert witness services for selected matters. Whether testimony is appropriate depends on the subject matter, available evidence, jurisdictional requirements, timing, and scope of the engagement.
Timing depends on the complexity of the matter, the completeness of the financial records, the number of entities or ownership interests involved, and whether rebuttal, damages, or testimony support is required. Once the scope and available information are reviewed, BVA can provide a realistic timeline for the specific engagement.
Yes. BVA frequently works with counsel to define the valuation or financial issues, identify needed documents, evaluate opposing analyses, develop supporting schedules, and prepare for deposition, mediation, settlement discussions, or trial when appropriate. The engagement structure and communications are coordinated with counsel based on the needs and procedural posture of the matter.
The first step is a confidential consultation to discuss the nature of the dispute, the valuation or financial issues involved, the parties and intended users, key deadlines, and the information currently available. BVA can then determine the appropriate scope, identify any conflicts or limitations, and provide an engagement letter and focused document request.
BVA valuation engagements are developed in accordance with the professional standards applicable to the assignment, including NACVA Professional Standards for business valuation engagements when applicable. The engagement scope, standard and premise of value, valuation date, intended users, sources relied upon, assumptions, limitations, and conclusion are documented so the analysis can be understood and evaluated by counsel and other intended users.
Yes. BVA can value partial ownership interests when the assignment involves a shareholder dispute, partner buyout, divorce, buy-sell matter, or other contested ownership issue. The analysis considers the rights associated with the interest and, when appropriate under the applicable standard of value and legal framework, issues such as control, marketability, transfer restrictions, and other ownership-level factors.
Yes, when appropriate. BVA can provide valuation and financial analysis to help counsel and the parties understand the economic issues relevant to mediation, settlement discussions, or negotiated resolution. The role is analytical rather than legal, and the scope can include valuation ranges, scenario analysis, review of disputed assumptions, and explanation of the financial consequences of alternative positions.
Explore All Private Business Valuation Services
View BVA’s full range of private business valuation, transaction, tax, litigation, ownership, SBA, and financial diligence services.
Business Acquisition & SBA Valuation
Independent valuation for acquisitions, business sales, and SBA financing, including normalized earnings and transaction analysis.
Quality of Earnings & Financial Due Diligence
Transaction-focused analysis of normalized EBITDA and SDE, Proof of Cash, working capital, and earnings quality.
Tax, Estate & Gift Valuation
Independent valuation for estate and gift tax matters, ownership transfers, succession planning, and closely held interests.
Partner Buyout & Ownership Valuation
Valuation support for partner exits, shareholder redemptions, buy-sell matters, and internal ownership transfers.
Machinery, Equipment & Asset Valuation
Independent appraisal of machinery, vehicles, equipment, and other tangible assets when asset values are relevant to litigation, ownership disputes, damages, or settlement analysis.