Robert Reilly receives plaque from ABI publications director James Carman

Willamette Management Associates is pleased to announce that the American Bankruptcy Institute (ABI) has just awarded Robert Reilly with its publication of the year award for the book titled A Practical Guide to Bankruptcy Valuation.

Willamette Management Associates is pleased to announce that the American Bankruptcy Institute (ABI) has just published a new book by Robert Reilly, along with Dr. Israel Shaked. The book is titled, A Practical Guide to Bankruptcy Valuation.

Curtis Kimball, our national director of wealth management valuations, was quoted on December 12, 2012, in a Bloomberg News article, “Millionaires Seek Trust Shelter as Bush Tax Cuts May End.” Curt discussed the increase in appraisal engagements due to the possible expiry of the Bush-era tax cuts. Clients who cannot have appraisals completed by year-end have several other options. For more information, please contact Curt Kimball or any of our managing directors.

Willamette Management Associates is pleased to announce that managing director Robert Reilly has been appointed to the planning committee of the 2013 Appraisal for Ad Valorem Taxation of Public Utilities Conference.

Willamette Management Associates is pleased to announce that Charles A. Wilhoite, CPA, has been appointed as a public member of the Oregon State Bar (OSB) Board of Governors (the “Board”). Charles was appointed to the Board for a four-year term beginning January 1, 2013.

Willamette Management Associates is pleased to announce that Thomas J. Millon has rejoined our firm as a managing director in our Chicago office.

Tom will manage business valuation and forensic analysis services provided to industrial and commercial clients, to the legal community, and to the accounting profession. Tom provides business valuation services to corporate clients for ownership transition, taxation, financial accounting, financing, regulatory compliance, and other purposes. And, Tom provides forensic accounting and expert testimony services to law firms related to bankruptcy, shareholder disputes, breach of contract, tort claims, and other commercial disputes.

Charles Wilhoite, a managing director of our firm, was honored with a listing in the Top 100 Verdicts of 2011 book, published annually by VerdictSearch.

Charles testified on behalf of the plaintiff in the breach of contract case, MRI Associates, Inc. v. Saint Alphonsus Diversified Care, Inc., No. CV-OC-2004-08219, Dist. Ct. Idaho (4th Jud. Dist. Oct. 31, 2011). MRI Associates was awarded damages of $52,084,515 (the second largest damages award in the history of Idaho).

Tim Meinhart elected to ASABusiness Valuation Committee

Willamette Management Associates is pleased to announce that Tim Meinhart, a managing director of our firm and director of our Chicago office, has been elected to a three-year term on the Business Valuation Committee of the American Society of Appraisers (ASA). Tim’s term began on July 1, 2012.

Insights Wins the APEX 2012 Award of Excellence

Insights, the business valuation journal published quarterly by Willamette Management Associates, received a publication award in the APEX 2012 Award of Excellence competition.

Willamette Management Associates is pleased to announce that Fady Bebawy has joined the firm in our Chicago practice office. Fady will manage business and succession planning valuations, acquisition purchase price allocation valuations, goodwill impairment analyses, restricted stock valuations, reasonableness of compensation analyses, transfer price analyses, merger and acquisition valuations, fairness opinions, solvency opinions, economic damages analyses, and employee stock ownership plan (ESOP) employer stock valuations.

Charles Wilhoite, a managing director in our Portland office, was featured in the “Live, Work Play” column in the June 2012 issue of Oregon Business magazine.

Willamette Management Associates is pleased to announce that Wes Pennington, CPA, has joined the firm as a managing director. In this capacity, Wes will provide forensic analysis and litigation support services. These controversy-related services include both consulting expert and testifying expert services to securities, taxation, intellectual property, litigation, bankruptcy, and corporate counsel.

Willamette Management Associates is pleased to announce that Brian Holloway has joined the firm as a manager in our Atlanta practice office

Brian will manage business valuations, acquisition purchase price allocation valuations, goodwill and intangible asset impairment valuations, intangible asset valuations, fairness opinions, inventory valuations, restructuring and reorganization analyses, employee stock option valuations, physician practice valuations, and reasonableness of compensation analyses.

Robert Reilly recently served as the co-chairperson of the 2012 Congress on Fair Value Accounting. The conference was held at Seattle University on February 27 and 28, 2012. This conference was co-sponsored by the Institute of Business Appraisers (IBA), the National Association of Certified Valuation Analysts (NACVA), and Seattle University. Robert was the IBA chair for the conference. The conference presenters included distinguished representatives from the public accounting/independent audit profession, the business valuation profession, academia, and government and regulatory agencies. The attendees included conference registrants from across the United States and from several foreign countries. In addition to the presentation at Seattle University, the conference was broadcast live on the Internet. The two overall themes of the conference were: (1) the continuing convergence of US GAAP and international GAAP issues and (2) the interdisciplinary convergence of the audit profession and the valuation profession with regard to fair value financial accounting.

Willamette Management Associates is pleased to announce that Justin Nielsen has joined the firm as a manager in our Portland practice office. In this capacity, Justin will manage forensic analysis, business valuation, and financial opinion engagements. These services include business valuation, intellectual property analysis, and lost profits/economic damages related to shareholder disputes, infringement, breach of contract, and other commercial litigation.

Steve Whittington, a manager in our Atlanta office, has been named the head of our firm’s employee stock ownership plan (ESOP) valuation services practice, effective immediately.

Frank A. “Chip” Brown has been promoted from senior manager to principal.