When Discounts Apply: Owner Buyouts and Disputes
Learn a practical framework for when to apply or reject DLOC and DLOM in owner buyouts and shareholder disputes by analyzing agreement terms, standards of value, state law, and real‑world cases.
Format
Webcast
Date
Aug 04, 2026
NASBA Field of Study
Specialized Knowledge
Level
Overview
CPE Credits
1.5
Instructor
Kirstine Fors, Patrick Smith
Availability
3 months
Product Number
WC5270360
Applying discounts in disputes with confidence and clarity
Valuation professionals are frequently asked to determine whether discounts for lack of control (DLOC) and lack of marketability (DLOM) apply in shareholder disputes, owner buyouts, and related litigation matters. This webcast provides a structured, defensible approach to making those determinations.
Understanding governing authority in disputes
Explore the key sources that influence discount application, including shareholder and operating agreements, statutory provisions, and jurisdiction‑specific case law.Interpreting contractual language correctly
Learn how valuation terms, such as fair market value versus fair value, can permit or prohibit discounts, and how courts have interpreted these distinctions.Applying standards of value consistently
Recognize how different standards of value affect the treatment of control and marketability discounts across dispute and buyout scenarios.Learning through real‑world case studies
Apply concepts using practical examples drawn from actual disputes to strengthen judgment and improve support for conclusions.
This session reinforces foundational knowledge while offering practical insights that can be applied immediately to valuation and litigation support engagements.
Key Topics
Discounts for lack of control (DLOC) Discounts for lack of marketability (DLOM) Shareholder and operating agreement language Standards of value in disputes Case law and jurisdictional considerations
Learning Outcomes
Identify the key sources of authority that govern discount application in disputes and buyout situations, including contractual provisions in corporate agreements, state statutes, and jurisdictional case law.
Distinguish between contractual language that permits discounts (such as "fair market value of the member's interest") and language that typically prohibits them (such as "proportionate share of fair value").
Recognize when different standards of value influence the application of control and marketability discounts in various situations.
Who Will Benefit
Valuation professionals, forensic accountants, and litigation support practitioners who perform business valuations for shareholder disputes, owner buyouts, and related legal matters.
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