Law & Valuation

Introduction

Chapter 1
Time Value of Money

Chapter 2
Risk and Return

Chapter 3
Accounting basics

Chapter 4
Business valuation

Chapter 5
Valuation in law

Case Studies
 

Student Papers 

Here you can find valuation papers written by Wake Forest students for this Law & Valuation course. 

Click on the paper's title to read the paper's abstract and text. 
 
 

"The secret to creativity is knowing how to hide your sources." 
Albert Einstein
Research Paper
 Dictionary
"IT HAS LONG BEEN KNOWN"
... I didn't look up the original reference.

"WHILE IT HAS NOT BEEN POSSIBLE TO PROVIDE DEFINITE ANSWERS TO THE QUESTIONS..."
... An unsuccessful experiment, but I still hope to get it published.

"TYPICAL RESULTS ARE SHOWN"
... This is the prettiest graph.

"IN MY EXPERIENCE..."
... Once

"IN CASE AFTER CASE..."
... Twice

"IN A SERIES OF CASES..."
... Thrice

"IT IS BELIEVED THAT..."
... I think

"A STATISTICALLY- ORIENTED PROJECTION OF THE SIGNIFICANCE OF THESE FINDINGS"
... A wild guess.

"IT IS CLEAR THAT MUCH ADDITIONAL WORK WILL BE REQUIRED BEFORE A COMPLETE UNDERSTANDING OF THIS PHENOMENON OCCURS"
... I don't have a clue what this all means

"IT IS HOPED THAT THIS STUDY WILL STIMULATE FURTHER INVESTIGATION IN THIS FIELD"
... I quit.

2001 papers
Bailey
Chiarello
Church-Watson
Finan
Hall [Word]
Leonard
Marek
Mayes
Pappas
Pruitt
Smith
Sprinkle
Stubbs
Summer
 
 
 

ADMINISTRATIVE LAW     
Value of life Leggett, Christopher 
(JD-MBA, 1999)
The Ford Pinto Case:  The Valuation of Life as it Applies to the Negligence-Efficiency Argument
BANKRUPTCY 
  • Cram down
  • Securities
  •    
    Cram down Challis, Christopher 
    (JD, 2000)
    Valuation in a Chapter 13
    "Cram Down:"  What's That Kenworth Truck Worth, Anyway?
    Securities Kevin Dowd
    (JD-MBA 2000)
    The Imapplicability of the Original Issue Discount Created in a Pre Bankruptcy
    CORPORATE LAW 
  • Appraisal
  • Buyout
  • Distributions
  • Judicial dissolution / buyout orders
  • Radio/TV Station
  • Spin off
  • Sports franchise
  • Stock option
  •    
    Appraisal Marsh, Dave Valuing Equity in Delaware Corporations:  Accepted Valuation Methods After Weingerger
    Opper, Mark
    (JD 2000)

    Windsor, Christian
    (JD-MBA 2000)

    Smith v. Shell Petroleum:  And a Minerals Valuation

    Rapid-American and Control Premiums in Appraisal Cases 
     

    Davis, William
    (JD-MBA 2000)
    Cede & Co. v. Technicolor, Inc. IV
    Buyout Roelle, Cynthia.
    (JD 2001)
    Share and Share Alike:  Valuing Minority Shares in a Judicial Dissolution Proceeding of a
    Antini, Steven J.
    (JD 2001)
    Oppression in North Carolina:  Marketablity and Minority Discounts, Fair Value
    Armfield, Kim
    (JD 2001)
    Closely Held Corporation Law in Alabama
    Taylor, Craig
    (JD 2001)
    Fairness Opinions:  Liability, Commentary, Controversy
    Pratt, Aaron
    (JD 2001)
    Determining Fair Value in North Carolina:  Royals v. Piedmont Electric Repair Co.
    Hebert, Michael
    (JD 2001)
    Donahue v. Draper:  The Valuation of Corporate "Goodwill" in a Closely Held Corporation
    Distributions Purcel, Kelli I.
    (JD 1999)
    "Valuing Net Assets in Shareholder Distributions"
    Radio/TV Station Braun, Eric
    (JD 2001)
    Valuation Analysis of Commercial Radio Stations
    Spin Off Harrington, Joseph L.
    (JD 2001)
    Agilent Technologies, Inc.:  Creating and Valuing a Spin-Off
    Sports franchise Pole, Kevin M.
    (JD 2001)
     

    Vogel, Christina
    (JD 1999)

    Professional Sports Franchise Valuation -- Case Study:  The New England Patriots and

    Valuation of a Sports Franchise

    Stock options Karlet, Lynn
    (JD 2000)
    Valuing Unvested Stock Options as a Marital Asset in an Equitable Distribution:  Insights from Wendt v. Wendt
    CONTRACT LAW 
    • Forced sales
    • Interference with contract
    • Millennium bug
    • Restitution
       
    Forced sales Horn, Scott T.
    (JD 2000)
    Forced Sales and North Carolina Courts:  What Value Through Yonder Window Breaks
    Millenium bug Green, Christopher Legal and Economic Issues Associated with the Millennium Bug
    Interference with contract Vogel, Christina
    (JD 1999)
    Valuation of a Sports Franchise
    CRIMINAL LAW
  • Death penalty
  •    
             Death penalty Diaz, Marla J.
    (JD 2001)
    Valuing the Death Penalty
    ESTATE/GIFT TAX    
    Close corporations Osborne-Rodgers, Stephanie
    (JD 2000)

     

    Book Value, Restrictive Agreements and Valuation Experts:  Case Comparison in the Federal Estate Tax Valuation of Closely Held Businesses
    Worlds, Rachel
    (JD 1999)
    Shares of a Closely-Held Corporation within the Estate and Gift Tax Context
    Stolen property Hajek, Joshua
    (JD 1999)
    The Valuation of Stolen Art Treasures for Estate Taxation Purposes
    EQUITABLE DISTRIBUTION 
  • Method
  • Professional degrees
  • Professional practice
  • Provision plans
  • Residence
  • Stock options
  •    
    Method of valuation McRae, Steven C.
    (JD 2000)
     

    Craun, Galen
    (JD 1999)
     

     

    How to Deal with the Uncertainty?  North Carolina's Approach to Equitable Distribution

    Valuation of the Marital Home in Divorce Proceedings:  Appraisal Techniques and Legal Operations
     

    Professional degrees Peterson, Jessica
    (JD 1999)
    Valuing Professional Degrees in Equitable Distribution Proceedings:  A Critical Analysis of North Carolina's Valuation Method in Geer v. Geer
             Pension plans Lee, Don
    (JD 2000)
    Valuing pension plans in equitable distributions
             Professional practice Finch, Caroline
    (JD 1999)
     

    Corbett, Brian F.
    (JD 2000)
     

    Measuring Goodwill in a Dental Practice in the Context of Equitable Distribution

    Dividing an Interest in a Law Firm:  A Discussion of the Various Approaches Used in

             Stock options Karlet, Lynn
    (JD 2000)
    Valuing Unvested Stock Options as a Marital Asset in an Equitable Distribution: Insights from Wendt v. Wendt
     
    INTELLECTUAL PROPERTY 
  • Corporate software
  • Patent infringement
  •    
             Corporate software Green, Christopher
    (JD 2000)
    Legal and Economic Issues Associated with the Millennium Bug
             Patent infringement Rollins, Sam
    (JD 2001)
    Calculations of Damage Awards for Patent Infringement
    LITIGATION    
    Prejudgment interest Wiggins, Andre
    (JD 2000)
    An Introduction to Prejudgment Interest for Advocates
    PROFESSIONAL RESPONSIBILITY    
             Attorney fees Owensby, Charlton
    (JD-MBA 2000)
    Salgado v. Conty of Los Angeles:  Valuation Error in a Legal Context
    PROPERTY LAW 
  • Expropriation
  • Provision plans
  • Stolen property
  •    
             Development rights Duffeler, Terence Transferable Development Rights and Associated Valuation Issues
             Expropriation Scott, Kimberly
    (JD 1999)
    Valuation in the Context of Foreign Government Expropriation
             Regulatory taking Shannon, Sible
    (JD 2001)
    The Inclusion of Lands for the Purposes of Determining When a Regulatory Taking has
             Stolen property Hajek, Joshua
    (JD 1999)
    The Valuation of Stolen Art Treasures for Estate Taxation Purposes
    SECURITIES REGULATION 
  • Disclosure of stock options
  • Fairness opinion
  • IPO valuation
  • Measuring fraud recovery
  •    
             Disclosures Abbass, Mike
    (JD 2000)
    Valuation of Stock Options - Do the Disclosure Requirements Make Sense
             Fairness opinion Taylor, Craig A.
    (JD 2001)
    Fairness Opinions:  Liability, Commentary, Controversy
             Fraud cases Homan, Matthew
    (JD 2001)
    Measuring Recovery for Fraud Under Rule 10(b)-5, With a Specific Emphasis on
             IPO valuation Freitas, Steven Pricing Netscape's Initial Public Offering in the Context of the Legal Responsibility of Investment Banks
    TORT LAW 
  • Structured settlment
  • Wrongful death
  • Restitution
  •    
    Structured settlement Owensby, Charlton
    (JD-MBA 2000)
    Salgado v. County of Los Angeles:  Valuation Error in a Legal Context
    Wrongful death Zanni, Keith
    (JD 2000)
    The North Carolina Wrongful Death Statute
    Restitution Boyce, Steven 
    (JD 1999)
    Valuing restitution
    Prejudgment interest Wiggins, Andre
    (JD 2000)
    An Introduction to Prejudgment Interest for Advocates
    VALUATION PROCESS     
           Cash flow Podolan, Martin
    (JD 2000)
    The Discounted Cash Flow Method:  A Comprehensive Analyses
           Expert Horner, Shaida
    (JD 1999)
    Kumho and the Business Valuator:  The Clarification of Standards Applicable to Expert Testimony
    Bartle, Lisa
    (JD-MBA 2000)
    Steiner Corporation v. Benninghoff; An Analysis of the Court’s Valuation Process
    Benbow, Marjorie
    (JD-MBA 1999)
    No Good Deed Goes Unpunished