RECENT DECISION INVALIDATES SECOND TIER ALLOCATION AND FAVORS RESIDUAL METHOD FOR VALUING GOODWILL AND GOING CONCERN VALUE – A NOTE

*Vice President, Arthur D. Little Valuation, Inc., Woodland Hills, CA; B.A., University of California, Berkeley, 1970; J.D., University of California, Davis, 1973; Member, American Society of Appraisers (Technical Valuation/Cost Surveys).