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AREAS OF SPECIALIZATION:
  • Trusts and Estates
  • Employee Stock Ownership Plans
  • Merger and Acquisition
  • Preferred Stock
  • Stock Options & Warrants
  • Blockage Discounts
  • Charitable Contributions
  • Tiered Limited Partnerships
  • Intellectual Property
  • Post Acquisition Asset Allocation
  • Excessive Compensation
  • Professional Reputation Damages
  • Patent Infringement
  • Lost Profits

CHARLOTTE G. WILLINGHAM, cba
In 2005, Charlotte formed Gardner Willingham, Inc. bringing with her an extensive base of appraisal experience gained from more than 365 valuation assignments.  The total asset value of the appraised entities then exceeded $65 billion. 
Willingham entered business valuation practice in 1992 with J&W Seligman & Co., Inc., as economic and investment markets analyst.  She advanced to senior financial analyst, then appraisal and litigation manager for valuation division president, Philip W. Moore. 
Philip Moore was a leading business consultant and valuation expert witness, widely regarded for his authoritative books and articles on business appraisal, as well as, his benchmark study of U.S. Tax Court decisions where discounts for minority interests were at issue.  He later acquired the division in a spin-off by J&W Seligman, appointing Charlotte appraisal and litigation manager and vice president.  

         Appraisal of the Zapruder Film of the John F. Kennedy Assassination - prepared for the Zapruder family for submission to the U.S. Department of Justice arbitration panel charged with establishing value for the film’s acquisition by the U.S. Federal Government for permanent storage of the film in the National Archives. 
         Trust and estate valuations, including an assignment to establish the value of certain assets held by the Bishop Estate, the single largest estate in U.S. probate history.  
         Valuations of intellectual property including development software, imported software, patented medical devices, trade name protection, territorial distribution rights, works of famous authors and playwrights, and defamation of a professional sports figure, among others.
        Lost profit appraisals, including a claim of patent infringement against international electronics firm, Honeywell.  A $38 million judgment was awarded to client, American Flywheel.  Honeywell Inc. v. American Flywheel Systems Inc., CV 94-14428 (Marcopia Co. Super. Ct., Ariz.1996)
         Estate appraisal of the works of author, V. C. Andrews, that led to a precedent setting decision regarding taxation and subsequent events.  Harvard Law Review, Vol. 108, No. 3 (Jan., 1995), pp. 683-700 
         Appraisal of Maris Distributing Company.  The family of baseball great, Roger Maris, was awarded $50 million in its antitrust action against Anheuser-Busch after the company cancelled the Maris Florida distributorship, one of the largest Budweiser distributorships in the US.    Maris Distributing Company v. Anheuser Busch Inc.,  District Court of Appeal of Florida, First District, 97-4697.
Prior Business Experience:
Prior to entering business valuation practice, Charlotte’s experience was concentrated in the field of investor relations.  She was Director of Investor Information six years with a Dallas-based real estate investment firm owning and operating over 400 office buildings, apartment communities, shopping centers and hotels throughout the Southwest.  Through subsequent mergers, this company is now a major publicly traded real estate investment trust.
Earlier she served as Director of Investor Relations nine years with a Fortune 500 corporation The company owns steel mills, copper refineries and a worldwide network of international metal trading offices. Her primary responsibilities encompassed corporate public relations, individual and institutional shareholder information, press relations and SEC disclosure compliance.
Education:
B.S. Business Administration, cum laude, Jacksonville University
Professional Affiliations:
Member           Institute of Business Appraisers, CBA
                          American Society of Appraisers (Officer North Florida Chapter 04-10)
                          Jacksonville Economic Roundtable, Jacksonville University
                          National Association of Business Economics
Past Member       National Investor Relations Institute (Charter Member Dallas Chapter)
                          Institute of Business Communicators
                          Public Relations Society of America
                          Dallas Advertising League
Other:
          Presentations – Society of Investment Analysts – Dallas, Houston, New York,
                                                    Chicago, Washington, San Francisco and other US cities
         Guest Speaker – American Society of Appraisers, North Florida Chapter
Advanced Valuation Courses Completed:
         Cost of Capital – Capital Asset Pricing Model
         Specialized Knowledge & Application – Litigation Support
         Business Appraisals in Marriage Dissolution
         Mastering Appraisal Skills
         Critiquing Business Appraisal Reports – Appraisal Review
         Uniform Standards of Professional Appraisal Practice
         Application of the Guideline Public Company Method
Awards – Recognition – Other:
Emmy Award Nomination – World Championship of Tennis                                                                                           
A component of a community awareness program created by Willingham when Director of Investor Relations for Commercial Metals Company was nominated by the Academy of Television Arts & Sciences for an EMMY Award for the company’s sponsorship of the televised broadcast of World Championship of Tennis.  http://en.wikipedia.org/wiki/World_Championship_Tennis
                  Category – Broadcast of a National Sporting Event
                  Category Winner — Monday Night Football
Guest Contributor – Limits to Growth, the Club of Rome
“Depletion of Natural Resources – Iron Ore & Recycled Alternatives”, an environmental position statement paper for the Club of Rome, a non-profit, non-governmental organization examining major trends of global concern including industrialization, population, malnutrition, depletion of non-renewable resources and the environment.  http://www.clubofrome.org
Jacksonville Host Committee, Super Bowl XXXIX

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