Business valuations

Shareholder dispute: representing both parties
When a director in a building company was dismissed, there was a significant difference of opinion regarding the value of his shares.

Acting on a joint basis, we prepared a certificate of value that was binding on both parties.

The issue was settled without litigation.

Compulsory purchase: lowering a claim
When a business closed following a compulsory purchase, the buying authority was faced with a multi-million pound claim for loss of business value/goodwill.

We demonstrated fundamental errors and overstatement of the claim – there were only a few hundred thousand pounds in justifiable lost profits.

On the basis of our figures, an interim payment was made. This withstood a challenge by the claimant, who dropped any further claims.