Womack Named Partner At Lattimore Black Morgan And Cain

Monday, August 12, 2013

Lattimore Black Morgan & Cain, and the LBMC Family of Companies, one of the southeast’s largest accounting and business consulting firms, has named Scott Womack, ASA, CFFA, as partner in LBMC’s Valuation Advisory, Litigation Support/ Forensic Accounting and Business Transition Services. This team consists of professionals with experience that includes: valuations of companies, intangible assets, compensation arrangements for transactions and regulatory compliance purposes, and expert witness testimony regarding economic damages in disputes arising from breach of contract, unfair competition, infringement of intellectual property, fraud, and family law.

Mr. Womack concentrates his practice in family law litigation and valuation matters involving a variety of industries. He assists estate planning attorneys in federal and state valuation matters, family law attorneys in divorce matters (including business valuation, forensic accounting, division of marital estate, etc.), and small business owners involving the potential sale of their businesses.

“Scott’s expertise in litigation support in particular our family law and valuation matters, has been invaluable this year helping us keep up with the fast paced growth in our division,” says David Wood, lead partner for the LBMC Valuation  Litigation and Business Acquisition/Disposition team. “His significant experience in forensic accounting has been a huge asset as well as his demonstrated strong leadership skills in his respective practice area. It’s an honor to congratulate him as a 2013 new partner as I know he will be instrumental in our continued growth in the years to come.” 

Mr. Womack is an accredited senior appraiser with the American Society of Appraisers and a Master Analyst in Financial Forensics with the National Association of Certified Valuators and Analysts. Some specific valuation concentration includes: Gift, estate and income tax planning and reporting (valuation of businesses and business interests), Financial Reporting under FASB ASC 350 (goodwill impairment testing- formerly FAS 142), FASB 718 (valuation of stock-based compensation including stock options, restricted stock, stock appreciation rights, etc.- formerly FAS 123R), Holding Company Valuations (real estate/marketable securities), Undivided Interests in Real Estate and Automobile Dealership Valuations.

Mr. Womack is a graduate of Baylor University in Waco, Texas, where he received his Bachelor’s Degree in Business Administration.  In his free time he is giving back to his profession and community in a variety of areas including: treasurer of Middle Tennessee Chapter of American Society of Appraisers, National Association of Certified Valuators and Analysts, Big Brothers/Big Sisters of Nashville, and a Member of Events Advisory Committee with The Nashville Sports Council. Mr. Womack is a native of Franklin, Tennessee and currently resides in Nashville with his wife and son.


Justin Robinson State Farm Celebrates Grand Opening Feb. 2

Justin Robinson State Farm will celebrate a grand opening with a ribbon cutting ceremony on Thursday, Feb. 2, at 11 a.m. at 1459 North Mack Smith Road.  The Chattanooga Area Chamber of Commerce will co-host this event with Justin Robinson State Farm.  Mr. Robinson said he has made it his life goal to serve the East Ridge and Chattanooga community with his ... (click for more)

BlueCross Taps Lawrence As Director of Ancillary, Behavioral Contracting

BlueCross BlueShield of Tennessee selected Scot Lawrence as director of ancillary and behavioral health contracting. In this role, Mr. Lawrence is responsible for defining and directing state-wide contracting strategies and negotiations for ancillary providers, including lab, home health, skilled nursing, and dialysis providers, as well as behavioral health providers such ... (click for more)

School Board Votes To Issue RFPs For Private School Bus Service; Allows Independent Drivers To Add 20 Routes

The Hamilton County School Board voted unanimously to issue a Request-for-Proposals (RFP) to private bus companies at a special-called session early  Saturday  afternoon.   The vote came at the end of a two-day strategy session where the school board has confronted a list of challenges but the busing question, spurred by the tragic bus wreck in November ... (click for more)

3 People Shot Early Saturday Morning On East 3rd Street

Three people were shot on East 3rd Street early Saturday morning. They were identified as Countess Clemons, 24, Kezia Jackson, 23, and Dutchess Lykes, 26.   The Chattanooga Police Department responded at 2:40 a.m. to a person(s) shot call at a local hospital. All three victims were transported to the hospital via a personally-owned vehicle.   All three ... (click for more)

A Light Rain Began To Fall - And Response (2)

Around noon Friday, Jan. 20, 2017, Donald J. Trump was sworn in as the 45th President of the most powerful nation on Earth after a long and sometimes bitter campaign where 17 GOP candidates of his own party and two of the opposing party competed for the honor.   Thousands rejoiced in the Washington D.C. streets while policemen who had come along with national guardsmen pushed ... (click for more)

Roy Exum: A Lady Remembers Rex

Kevin Roden sits on the City Council in Denton, Texas (think the Dallas-Fort Worth airport area in the northeastern part of the state) and he is gearing up to run for a third term this spring. He’s already got his website up and, while the election isn’t until April, he writes on his blog every now and then. Last month he let his wife take a turn at it, which brings us to yesterday’s ... (click for more)