Expert Witness Panel

Brent A. McDade is a director of Willamette Management Associates. His practice includes business valuation, litigation support, and transaction advisory services.

Brent has performed the following types of valuation and economic analyses: business and succession planning valuations, acquisition purchase price allocation valuations, asset impairment analyses, restricted stock valuations, blockage discount analyses, reasonableness of compensation analyses, restructuring and reorganization analyses, transfer price analyses, merger and acquisition valuations, fairness opinions, economic damages analyses, income-producing property valuations, phantom stock and employee incentive plan valuations, and employee stock ownership plan ("ESOP") employer stock valuations.

He has prepared these valuation and economic analyses for the following purposes: tax planning and compliance (income, gift, and estate), forensic analysis and dispute resolution, financial reporting, martial dissolution, and transaction planning (mergers and acquisitions). Brent has valued the following types of business entities, securities, and assets: contractual rights, contingent consideration, close corporations, close corporation fractional ownership interests, public corporations, intangible assets (including intellectual property), general and limited partnership interests, limited liability company interests, restricted equity and debt securities, preferred stock, proprietorships, options and warrants, and fractional interests in real estate.

He has performed valuation or arm’s-length royalty rate/transfer price analyses related to the following types of intangible assets: customer contracts, customer lists and customer relationships, employment contracts, going-concern value, goodwill, licenses, noncompete covenants, patent applications, patents, procedural manuals, trade names, trademarks, trained and assembled workforces, and training manuals and documentation.

Brent has performed business valuations, economic analyses, and/or financial advisory services for clients in the following industries, among others: alcoholic beverage manufacturing and distribution, apparel, automotive, aviation, building materials, carpet and flooring, chemicals, computers and electronic products, construction, contractors, cybersecurity, distribution, entertainment and sports, fabricated metal products, finance, government contracting, heavy construction, hospitality, insurance, Internet service providers, investment, leisure, manufacturing, natural resources, oil and gas, professional services, real estate, rental and leasing, retail, securities, security, textiles, transportation and trucking, warehousing, and wood product manufacturing.

He has served as an expert witness in disputes regarding business valuation and economic damages, particularly lost profits and lost business value, in state and federal courts. He has also been selected as the third appraiser to resolve differences of opinion between appraisers in buy-sell agreement disputes.

Shannon is a Director at Elliott Davis. She specializes in the areas of forensic accounting, business valuation, and litigation support services. She provides consulting expert and expert witness services in marital dissolution (divorce) and commercial litigation matters. Her business valuation experience encompasses a broad range of companies and industries, and has been used in litigation, merger and acquisition transactions, healthcare regulatory settings, financial statement preparation, succession and estate planning, gift tax returns, and shareholder buy-in/buy-out transactions. Shannon recently served in a national professional leadership role related to forensic and litigation services.

As a certified public accountant since 1993, Shannon has spent the last 30 years working with small businesses and their owners, with the last 18 devoted to forensic and valuation services.

Wynne is currently the Director of Audit for White Olive CPAs. He is a seasoned financial advisory executive with over 15 years of leadership in banking risk management, regulatory strategy, and client advisory. With a career spanning decades, including key roles at Ernst & Ernst, Martha White Foods, Kraft CPAs, and Saltmarsh, Cleaveland & Gund, he has guided financial institutions through complex regulatory landscapes, M&A readiness, and enterprise-wide stress testing. A nationally recognized thought leader and frequent speaker at industry conferences, Wynne has served on numerous boards and committees, including the AICPA and Tennessee Society of CPAs. He holds multiple certifications, including CPA, Chartered Bank Auditor, and Certified Financial Services Auditor, and is known for his strategic foresight, technical expertise, and relationship-first leadership.

Robert Vance has practiced as a CPA for 39 years and today is a full-time forensic CPA and fo-rensic economist concentrating his practice on business valuation, divorce litigation support, commercial lost profits and personal injury economic damage calculations, forensic investigations and expert witness testimony. He is the principal of Forensic & Valuation Services, PLC with offices in Lenoir City and Memphis, Tennessee.

He has qualified as an expert and testified in 177 trials and hearings, 33 with a jury, in 66 differ-ent courts, testified in 142 depositions and has been appointed by judges as a Special Master 5 times. Additionally, Rob’s testimony has been referenced in over 30 Tennessee appellate cases. He is a frequent speaker to attorney and forensic CPA groups both locally and nationally.

Rob was appointed by the Governor of Tennessee in 2021 as a member of the Tennessee State Board of Accountancy and was reappointed in 2024. He is a Past-President of the Memphis Chapter of the Tennessee Society of CPAs (TSCPA) and is a past-chairman of the Forensic & Valuation Services Conference Planning Committee of the TSCPA. He has served as an officer on several non-profit Boards including the Boys and Girls Clubs and The Phoenix Club of Memphis.