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8:00 am - Registration
8:30 am - 10:30 am - Seminar 
$55.00 CBA Members / $75.00 non-CBA Members
2.0 Hours GENERAL CLE Credit
1st Floor Conference Room of elliot davis,
629 Market Street

A recent change in TCA 36-4-121(c) will affect business valuation in divorce. The law attempts to make business valuation in Tennessee divorce more consistent with the underlying economic concepts of business valuation, but it is not altogether clear from reading the revised statute exactly what it does. In this presentation, business appraiser Brent McDade from Elliott Davis and family law attorney Hal North will walk through several oft-cited family law business valuation cases that should be familiar to practitioners and will discuss the recent changes to the law and their anticipated impact.


Brent A McDade
With more than 20 years of experience in the fields of business valuation and economic damages, Brent provides corporate valuation, litigation support, and investment banking services to companies in a variety of industries. His experience includes valuation services related to buy-sell agreements, employee stock ownership plans, estate and gift tax matters, fairness opinions, financial statement reporting, marital dissolutions, mergers and acquisitions and shareholder disputes. Brent specializes in the appraisal of equity securities, debt instruments and derivatives. He also serves as an expert witness in disputes regarding business valuation and economic damages in state and federal courts. Brent is a recognized leader in the business valuation profession, as well as a noted presenter and speaker on the subjects of business valuation and economic damages. His speaking credits include presentations before the Institute of Business Appraisers (IBA), the National Association of Certified Valuators and Analysts (NACVA), and the American Institute of Certified Public Accountants (AICPA). He assisted in the technical review of the AICPA’s Introduction to Business Valuation course, and he has served on the Valuation Forum Committee for the annual NACVA/IBA national business valuation conference. His business valuation experience includes the appraisal of equity securities, debt instruments, and derivatives. He has provided valuation services related to buy-sell agreements, Employee Stock Ownership Plans, estate and gift tax matters, fairness opinions, financial statement reporting, marital dissolutions, mergers and acquisitions, and  shareholder disputes. He has served as an expert witness in disputes regarding business valuation and economic damages in federal and state courts. His clients include public and private companies, and they range in size from local mom and pop operations to multi-national conglomerates.

Hal North, Esquire 
is a member of Chambliss Bahner & Stophel’s Litigation Section, and maintains an extensive trial and appellate practice. His practice is concentrated on civil litigation, including domestic relations, bankruptcy, creditor’s rights and business litigation. He also devotees substantial portion of his practice to municipal and governmental affairs. Hal brings 33 years of experience in litigation, and has been heavily involved in civic and community activities for many years. In addition to Hal’s extensive domestic relations practices, he routinely represents debtors and creditors under all chapters of the Bankruptcy Code. Hal has represented various municipalities, successfully defended the former mayor of the City of Chattanooga with regard to a recall petition, and successfully represented a Chattanooga councilman in an election dispute. He successfully defended a commercial property owner against an eminent domain proceeding. Hal also successfully defended a parent before the Tennessee Supreme Court in a custody case concerning a special needs child. In addition, he has represented homeowner’s associations with regard to their rights and obligations to their membership.

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Law and the Economics of Business Valuation in the Family Law Context 
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