What Is a Solvency Opinion and When Do Companies Need One?
A solvency opinion is a formal, written analysis issued by an independent appraiser that assesses whether a company meets the legal and financial thresholds for solvency at a specific point in time, typically the date of a significant transaction or distribution. Far...
read more
How the 2026 Exemption Change Affects Estate Plans Built Around an Anticipated Sunset
The One Big Beautiful Bill Act (OBBBA) raised the federal estate, gift, and generation-skipping transfer (GST) tax exemption to $15 million per individual, effective January 1, 2026, eliminating the reduction scheduled by the Tax Cuts and Jobs Act (TCJA) for that same...
read more
What Happens When the IRS Challenges a Nonprofit Donation Valuation
When the IRS challenges a nonprofit donation valuation, the outcome rarely stops at a disallowed deduction. A challenged valuation can mean the loss of the deduction, accuracy-related penalties of 20 or 40 percent, interest on the underpayment, and exposure that...
read more
The Growing Wave of Water System Privatization and What It Means for Communities
The Growing Wave of Water System Privatization and What It Means for Communities The United States operates approximately 50,000 community water systems and nearly 17,000 publicly owned wastewater treatment facilities, the overwhelming majority of them under municipal...
read more
How Lost Profits and Reasonable Royalties Are Calculated in Patent Infringement Cases
In patent infringement cases, prevailing on liability is only half the battle. The damages award depends on the rigor and credibility of the underlying financial analysis, which receives the same level of scrutiny as the legal arguments themselves. An opinion that...
read more
What Is Energy Transition? Key Drivers, Impacts, and Financial Implications
Energy transition is no longer a forecast. It is an active restructuring of how energy is generated, stored, transmitted, and consumed, and it is moving capital at a scale that forces financial and legal professionals to reckon with it now rather than later. According...
read more
Why Buyers and Sellers Often Disagree on REIT Value
Valuation disagreements in REIT transactions are common enough to be expected, but that does not make them any less disruptive. Buyers and sellers regularly arrive at materially different numbers for the same portfolio, not because one side is acting in bad faith, but...
read more
The Magnificent 7 Bubble
The rapid ascent of the “Magnificent 7”, consisting of Apple, Microsoft, Alphabet, Amazon, Meta, Tesla, and NVIDIA, has reshaped both equity markets and public expectations about the future of artificial intelligence. Their shared belief that AI will transform...
read more
Everything You Need to Know About Air Rights in New York City
Air rights are the legal rights to the airspace above a parcel of land. In a dense city like New York, that vertical dimension can be nearly as valuable as the land itself. When one owns a property, they automatically own the corresponding air rights. How far up you...
read more
How a Government Shutdown Impacts the Economy
As the ongoing government shutdown rapidly crosses historic thresholds, its economic and societal impacts have already become evident. These disruptions have already magnified and, in some cases, redefined the inherent challenges of a full-scale government shutdown,...
read more