EXPERT WITNESS SERVICES

CONSULTING AND TESTIFYING EXPERT WITNESS SERVICES FOR BUSINESS DEALS GONE BAD

In Court is when an expert witness is needed.

You only require expert witness services when a sale goes bad and the parties cannot come to an agreement. At the time a business is for sale, nobody is looking to need an expert witness. Both the buyer and the seller have high hopes as to the value and profitability of the business.

DUE DILIGENCE IS ALWAYS THE FIRST STEP IN SELLING A BUSINESS

Comprehensive in-depth due diligence (fact finding) can protect both the business buyer and seller from undesired litigation. The business broker is the one to do the due diligence. For instance, they should find any questionable facts and make them accurate. Secondly, they would resolve any disagreements before the purchase contract is signed. As a result, a lawsuit and the need for an expert witness becomes less likely.

EXPERT WITNESSES ARE A SOLUTION TO DISPUTES OVER BUYING AND SELLING A BUSINESS

It is unfortunate that the actual sale of a business can leave either the buyer or the seller — or both — unhappy. For instance, disputes can arise when the owner is accused of withholding information. On the other hand, the buyer can be blamed with managing the business poorly.

It is when matters go to court that an expert witness would be called for.

The responsibility of an expert witness is to evaluate all testimony and other facts presented to them. They do not have to have seen the events. Afterward, they would then tell the court the truth of the matter according to their training and experience.

CONSULTING EXPERT WITNESS SERVICES AND TESTIFYING EXPERT WITNESS SERVICES

Willard Michlin is a Certified Public Accountant (CPA), Certified Business Broker (CBB) and Certified Fraud Examiner (CFE). He has over 40 years of experience in business sales across many industries. He understands the reasonable and customary terms and conditions that govern the purchase of a business. With his broad experience, he understands the human considerations required to make a business sale successful.

Willard is available as an expert witness consultant or testifying expert witness in legal disputes. To clarify, firstly in preparing for a sale or secondly after the sale of a business at trial.

Types of Business Disputes Willard Helps Resolve

Willard specializes in financial expert witness services and real estate expert witness services. He works with plaintiffs or defendants in matters relating to:

Breach of contract
Cash flow issues
Collectibility of outstanding accounts receivable
Damages calculations
Development of new products
Disputes on earn-out agreements
Full disclosure of business operational matters to the buyer
Terms of sale requested by the business owner
Valuation or appraisal methodologies
Sales person seeking unwarranted commissions
Non-compete issues on terminated independent contractor
Broker/agent disagreements, oral and written
Commission resolutions as compensation
Procuring cause issues
Referral fee entitlement

Additional Litigation Support Services

Willard also offers litigation support services including — but not limited to:

Case assessments
Depositions
Document review
Drafting of deposition questions
Exhibit preparation
Expert Witness reports
Opposing expert evaluation

Willard Michlin’s Expert Witness Qualifications

Willard Michlin is a Certified Public Accountant (CPA) and Certified Fraud Examiner (CFE). He would look at every deal with CPA skills. He would check to see if the numbers add up correctly. Additionally he would also look at the deal as a CFE. This style of examination would reveal any violations of the law or accepted accounting practices.

Violations could be, for instance, any cover up of embezzling, stealing or lying. Willard has revealed all these types of violations and testified about them.

All such things need to be found and corrected in the books. Then a true value of the business is obtained. With the true value in hand, the suit can be justly resolved.

HIRE AN EXPERT WITNESS TODAY

Willard Michlin Professional Certified Business Broker (CBB) designation

Business Buying, Due Diligence & Financial Consulting Services
California Licensed Real Estate Broker License: #00529559
Certified Public Accountant (CPA) License: #106752
Certified Fraud Examiner (CFE) License: #594927

Expertise: The customs, standards and practices of business valuation and sales; broker/agent fiduciary duties and dual agency relationships; mortgage lending and finance practices including lender liability issues; business torts including fraud and breach of fiduciary duties by officers, directors, managers and partners, Real Estate Broker.

Address: PO Box 2734, Seal Beach, CA 90740-2734

Phone: 805-428-2063

Fax: 562-446-0575

Email: Willard@EvaluateABusiness.com

Years: 40 years

Biztype: All types

Contact Willard using the phone number or email address above, or use the contact form.