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Resume of John E. Altstadt

Business Valuation

Summary of Qualifications

John E. Altstadt specializes in assisting attorneys and their clients in summarizing economic, financial and accounting data related to litigation matters and providing expert testimony. Mr. Altstadt has practiced in the fields of accounting and consulting for over thirty-seven years. During that period, he has specialized in providing services related to the valuation of closely held businesses. Mr. Altstadt has provided a variety of services including audit, review and compilations; corporate and individual tax planning and compliance work; various consulting engagements such as buy/sell analysis and loan restructuring. In the specialized practice area of dispute consulting, Mr. Altstadt has provided a variety of services including expert witness testimony, damage assessment and evaluation, business valuation, forensic accounting, fraud investigations, lost profits and lost earnings analysis, liability analysis and pre-trial discovery assistance.

Experience

May 1998 to Present - Co-Owner - Altstadt Consulting

May 1998 to June 2006 - Co-Founder and Partner - Lit.Econ LLP

October 1996 to May 1998 - Senior Manager, Dispute Consulting Services, Deloitte & Touche LLP, Costa Mesa, California

May 1995 to October 1996 - Senior Manager, Dispute Analysis and Corporate Recovery, Price Waterhouse LLP, Costa Mesa, California

August 1986 to May 1995 - Various managerial positions in the audit and litigation services groups of KPMG Peat Marwick, Costa Mesa, California

June 1980 to August 1986 - Various staff positions, Parke, Guptill & Co., C.P.A.s, Newport Beach and West Covina, California

Education

Bachelor of Arts degree in Business Administration with an emphasis in accounting, California State University, Fullerton, June 1980

Volunteer Experience

President, Constitutional Rights Foundation of Orange County                                 Treasurer, Public Law Center of Orange County                                                        Committee Chair, Orange County Bar Association                                                     President, Supporting Cast of South Coast Repertory Theater                                  Board Member, Center 500 of Orange County Performing Arts Center

Memberships

Association of Business Trial Lawyers - Associate Member                                        Orange County Trial Lawyers - Associate Member

Audit and Tax Consulting

Mr. Altstadt assisted in the valuation of over one hundred businesses while performing audit and tax services. These included managing due diligence engagements for several large closely-held business groups.

Selected Litigation Testimony

Presley Wilkes v. Barbara Hill (Mitchell Shapiro - Shapiro, Posell, Rosendfeld & Close) Mr. Altstadt testified as an expert in Superior Court (San Bernardino County, California) on behalf of the plaintiff in a breach of contract matter. Testimony included an opinion of the value of the plaintiff's proposed ownership interest.

Michael Treadway v. Steven Hiller, et al. (Stan Jones  - Law Offices of Stanely R. Jones) Mr. Altstadt testified as an expert in a JAMS arbitration on behalf of the plaintiff in a breach of fiduciary matter. Testimony included an opinion of the value of the dealership.

Mazda Motor of America, Inc. v. David J. Phillips Mazda (Maurice Sanchez - Alvarado, Smith & Sanchez) Mr. Altstadt testified as an expert in Superior Court (Orange County, California) on behalf of the plaintiff in a breach of contract matter. Testimony included an opinion of the value of the dealership.

James Barker v. David J. Wilson, et al. (Stuart Jasper - Jasper & Jasper) Mr. Altstadt testified as an expert witness in a JAMS arbitration on behalf of the plaintiff in a breach of contract matter. Testimony included an opinion of the value of the plaintiff's ownership interest.

In Re: IRMO Feldman (Various) Mr. Altstadt acted as the court appointed third party appraiser in a divorce matter in San Diego County. The project included the valuation of several real estate properties including commercial office buildings, raw land, residential property, a marina and a golf course. Additionally, he valued eight automobile franchises. Mr. Altstadt provided testimony in San Diego Family Court.

In Re: Burger (Steven Bishop – Law Offices of Steven Bishop) Mr. Altstadt critiqued the valuation of a Chrysler Jeep Dodge franchise in La Mesa, California in a divorce matter in San Diego County. Mr. Altstadt provided a written report to the court.

In Re: Carl Burger Estate (Charles Harris - Harris & Collins) Mr. Altstadt provided a written report of the valuation of the Chrysler Jeep and Dodge franchises in La Mesa, California for estate tax purposes.

In Re: Carl Burger Corporate (Rick Gattis - Gattis & Kuncz) Mr. Altstadt provided a written report of the valuation of the Chrysler, Jeep and Dodge franchises in La Mesa, California for corporate reorganization purposes.

William Hunt v. Gene Stalians (Paul Mahoney - Mahoney & Soll) Mr. Altstadt testified as an expert witness in Superior Court (Rancho Cucamonga) on behalf of the defendant in a breach of contract matter.  Part of our analysis was providing opinions regarding the original sale price and value of a public transportation business that was purchased by the plaintiff.

In Re: Hardin Automotive (No Attorney) Mr. Altstadt provided a written report of the valuation of the Honda, Buick and GMC franchises in Anaheim, CA for estate tax purposes.


Leo Boese v. 3MJ Corp, et al.  (Richard Ritchie - Callahan, Thompson, Sherman & Caudill) Mr. Altstadt provided an expert deposition in Superior Court (Santa Ana) on behalf of the plaintiff in a breach of contract matter involving the Nissan dealership in Moreno Valley, CA. Analyses included assessing the value of the franchise at three different points in time.

Ocean Mission Park v. Taheripour, et al. (Matthew Rips - Russ, August & Kabat) Mr. Altstadt provided an expert deposition in Superior Court (Los Angeles) on behalf of the plaintiff in a breach of contract matter.  Analysis included the assessment of the financial and operational history of six automotive franchises in the Greater Los Angeles area to determine if the sales values assigned were appropriate.

Selected Litigation Consulting Engagements

CAMT, Inc. v. Merle Yost (Robert Currie - Latham & Watkins) Mr. Altstadt analyzed the damages claimed by a minority shareholder in an Orange County Toyota Dealership.

Michael Smits v. Jim Lukens Mr. Altstadt quantified the value of the 10% interest of the minority shareholder in a Nissan dealership in a wrongful termination matter.

Viola Penny v. Kerri Smith (Jerry LaCues - Law Offices of Jerry LaCues) Mr. Altstadt quantified the value of a temporary employment services agency in Superior Court (Riverside County, California) in a breach of contract matter.

In Re: Marriage of Robertson (Anne Kiley - Trope & Trope) Mr. Altstadt quantified the value of two Southern California Honda dealerships for the respondent in a divorce matter.

Roger Miller v. Dorothy Smith (David Ostrove - Ostrove & Ostrove) Mr. Altstadt evaluated the performance of a Southern California Honda dealership in a valuation dispute between the buyer and seller of the franchise.

In Re: iCall (Company Representative) Mr. Altstadt quantified the value of the owned intellectual property of an internet long distance phone call start-up.

In Re: Marriage of Schriber (Jon A. Shoenberger - Schlect, Shevlin & Shoenberger) Mr. Altstadt quantified the value of six fast food franchises as part of a divorce matter in Superior Court (Riverside County, California).

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