September 2016: Volume 22, Number 1

Posted on September 22, 2016  

Next Meeting:    Thursday, Oct. 20, 2016

Place:    Schechter Dokken Kanter, 100 Washington Avenue South, Suite 1600, Minneapolis, MN

Time:     Noon – 1:00 PM

Agenda:    Presentation is a Roundtable discussion of the “Valuation Implications of Proposed Changes to Section 2704 of the Internal Revenue Code.”

Notes from the September 15 MABVP monthly meeting:

  • Maury Cox was voted into the MABVP membership. Maury is from Columbus, Ohio and has substantial business experience. Welcome to MABVP!
  • Board members and officers elected for the 2016-2017 year. Congratulations to the new officers and board members and thank you for your service to the organization.

Officers
President – John Heidebrecht
Vice President – Guy Sanschagrin
Treasurer – Mike Meagher

Board Members
Jennifer Schiefert
Joseph Kenyon
Bill Herber
Ginger Knutsen
Karen Kritta
Michael Schaefer

  • Member and officer recruitment – Annual member dues will be waived for those who are serving as an officer of the MABVP board. This is a new program to incent members to serve as officers.  The current practice of waiving first year member dues for new MABVP members will continue.  An additional new member recruiting tool will be implemented. Current ASA members who join MABVP will have membership dues waived for two years.
  • Attendance – In an effort to increase attendance at monthly MABVP meetings, members of the local ASA chapter will be invited to MABVP monthly meetings.
  • Mike Schaefer from Boulay PLLP led an interesting presentation on valuing distribution rights. Mike shared little-known facts from beer distribution agreements to illustrate issues related to valuation of distribution rights. Thank you for your time and insight, Mike!

Upcoming Meeting Schedule:

Thursday, Oct. 20, 2016 (Roundtable Discussion of Proposed Changes to Section 2704)
Thursday, Nov. 17, 2016 (AICPA 2016 Forensic & Valuation Services Conference Recap – SDK)
Thursday, Dec. 15, 2016 (Valuation Contest with ASA) Jeffrey Wright, Corporate Finance Associates
Thursday, Jan. 19, 2017
Thursday, Feb. 16, 2017
Monday in March 2017 (joint meeting with ASA; date TBD)
April 2017  (no meeting – Valuation Conference)
No meetings May to August 2017

You can reach MABVP President John Heidebrecht at john@bhexperts.com. Cathy Hickman can be contacted at mabvp.cathy@gmail.com.