Jay B. Abrams
, ASA, CPA, MBA, specializes in valuing privately-held businesses. Mr. Abrams is the president of Abrams Valuation Group, Inc., a business valuation firm with offices in North Hollywood, California and New York. He is the author of two books published by McGraw-Hill: Quantitative Business Valuation: A Mathematical Approach for Today's Professionals
and How to Value Your Business and Increase its Potential.
The second edition of Quantitative Business Valuation
is published by John Wiley & Sons. Mr. Abrams is nearly finished with a book on the valuation of S Corporations and other non-tax entities. He has published several quantitative articles in the American Society of Appraisers' Valuation Journal
, Business Valuation Review
and The Valuation Examiner
. Mr. Abrams has invented several valuation models and approximately 150 valuation formulas. Plaintiff's economist used Abrams Valuation Group, Inc.'s economic components model for the discount for lack of marketability in Maris Distributing Co. v. Anheuser-Busch, Inc.
, 302 F.3d 1207 (11th Cir. 2002). He earned his M.B.A. degree from the University of Chicago, where he also took graduate courses in the Department of Economics. Mr. Abrams earned his B.S. degree from California State University. He has taught business valuation as continuing legal education in many law firms and seminars at the University of Southern California, University of California at San Diego Extension, the University of San Diego Law School for U.S. Tax Court Justice David Laro, USC Graduate School of Business for Professor Thomas Taulli, and California State University at Northridge Business School for Professor Vincentiu Covrig.Mark D. Kimball
is the founding shareholder of MDK Law, a firm emphasizing corporate, commercial, and property law and consulting in matters involving federal and international taxation. Mr. Kimball is admitted to practice in Washington, New York, and Texas. He is an adjunct professor of law at Eotvos Lorand and Masaryk universities in Europe, and has served as a law school guest lecturer at Seattle University School of Law. Mr. Kimball is also engaged as an expert witness in superior court cases involving limited liability companies and governance, and other member issues. He earned his J.D. degree and LL.M. (taxation) degree from the University of Washington School of Law, and also holds an LL.M. degree in transnational commercial practice from Europe.