Business valuation experts increase; practitioners now encompass economists, accountants and brokers, as well as professors

Article Abstract:

Business valuation specialists are the latest kind of expert witness and one very useful in the current business litigation climate. Professionals offering such services include economists, business brokers, accountants, university professors and others touting themselves as appraisers, valuators and analysis. Choosing one involves evaluating criteria in addition to technical qualifications. The prospective expert's credentials, technical skills, deposition and trial testimony skills and approach to litigation should all be evaluated. Questionable areas in the expert's past should not be neglected.

Management, Innovations, Business enterprises, Business consultants, Management consultants, Valuation

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Suits over water quality spark action; challenges to EPA's failure to establish 'total maximum daily loads' for states have prompted new policy and renewed activity

Article Abstract:

Section 303(d) of the Clean Water Act requires that the states set total maximum daily loads (TMDLs) for the specific pollutants which cause water pollution standards to be violated. Suits against the EPA brought in the 1990s challenge the lack of TMDL development by various states, and a new TMDL policy by the agency has resulted. TMDL litigation and the EPA's reaction have substantially changed water quality management programs, and dischargers can no longer treat a state's water quality management program indifferently.

Cases, Water quality

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Economists can't total life's value

Article Abstract:

Hedonic damages experts are incorrect in their efforts to calculate the monetary value of life and its enjoyment. The methods economists use to arrive at life's worth are pseudo-scientific at best. While many courts are accepting that the loss of enjoyment of life is worthy of damages, in addition to pain and suffering and loss of earnings damages, there is no scientific basis on which the value of life can be calculated.

Analysis, Column, Hedonic damages

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