Contracts with Contingent Consideration Provisions – Stallone Fights Studio’s Accounting Methods

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Contracts that include contingent consideration provisions can lead to disputes regarding key definitions, as well as the amount and timing of payouts. Here are the details of a high-profile accounting dispute that started more than two decades ago between Sylvester Stallone’s production company and a major movie studio involving the 1993 movie Demolition Man.  Gryphon Valuation Consultants has specific experience in analyzing the value ramifications of contingent consideration provisions and conditions precedent.

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Reliable Experts Are Independent Experts

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Valuation Expert WitnessA valuation expert witness builds on a solid foundation constructed by a reputable source — or multiple sources — to reach a reliable conclusion. These are the assumptions and sources underlying the expert’s opinion. But when an expert isn’t given the opportunity to question assumptions provided by management or the attorney or to perform independent analyses and research, he or she might not survive a Daubert challenge in federal court.

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E-Discovery: Social Media Counts In Litigation

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E-Discovery in Social MediaCourts have made it clear that social media may be subject to pre-trial discovery. But judges aren’t inclined to grant blanket access to social medial accounts just so litigants can engage in a fishing expedition. Instead they require proof that a site is likely to contain relevant material. This article discusses the e-discovery rules and how social media presents unique challenges.

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