In a family law matter, the outputs from an expert valuation – usually a single expert valuation – are often pivotal to the outcomes for the parties involved. Therefore, how a single expert valuer is engaged and utilised by the parties should be carefully considered and planned so the parties achieve maximum value.
Valuation of private businesses can be a nuanced and complex process when there is no dispute involved. Business valuations as part of a dispute create additional layers of complexity and require consideration of different issues.
Calculating the amount of damages as part of an economic loss claim is not necessarily a simple matter of adding up a series of lost profits.
Quantification of losses in insurance claims often rely upon assumptions instructed or adopted by an expert.
While much of the country is now open, businesses are still navigating the impact of COVID-19 – largely without the assistance of State and Federal Government pandemic-focused support. Therefore, insolvency is an unfortunate and potential reality for many.
Unprecedented may already be the most overused word for 2020 but that doesn’t change the fact that current events are causing enormous challenges for business valuers and users alike.