Post-acquisition disputes can significantly impact the success of a transaction and the ongoing success of the businesses involved. Read about practical insights into common post-acquisition dispute issues and how to address them proactively, particularly through the financial due diligence and deal advisory process.
For accounting experts, one of the key factors surrounding any valuation assignment stems from the concept or meaning of value (often referred to as the Basis of Value) to be applied, as these can have different meanings depending on the context or circumstances where it is applied to a valuation engagement.
The valuation of a minority interest is an-all-too-common valuation conundrum faced by lawyers and advisors alike.
In a recent NSWSC judgment, the Court found that an error identified by the Expert is not a ‘manifest error’.
This simplistic view adopted by the Court is common, where lawyers, accountants and even business valuers can ignore minority interest discounts, which can apply to when a company is not wholly owned. Two discounts regularly applied in the valuation of a private company are: Discount for lack of control and discount for lack of marketability
When undertaking a valuation of a business or entity for commercial or litigious purposes, a fundamental element of the valuation is considering the available information about the ‘market’ to assist in assessing 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.
Critiquing another expert's report is a core skill of a forensic accountant. In this article, we set out the key areas of critique, how we approach them and three things to focus on.
Learn why shareholder agreements are essential for governance, continuity, and protection. Explore key issues and benefits for business owners and partners.
Understanding whether a transaction is based upon 'market value’ can be an integral component of an engagement in which a business valuer is appointed to opine upon.
Expert evidence – in both written form in the witness box – is a critical element of any legal proceedings. However, it is an Expert’s conduct in the witness box under cross-examination that is often the most commented upon by the Court through the judgments published.
In many legal disputes where a business is involved, the value of the business is integral to the outcome of the dispute. But is it the value of the business that is required, or the value of the entity which operates the business?