Acting as expert for two defendant shareholders in response to a claim that the core operations of a business had been diverted to a new company to the detriment of the claimant third shareholder. We reported on the actual losses incurred, restating the accounts prepared to unwind transactions and remove the impact of various actions taken by the parties. Our view was that the claim being made was of minimal value.
Appointed by the claimant to quantify the amount of personal expenditure incurred by a shareholder/director in a number of property development companies owned equally by two brothers. We were required to analyse bank and credit cards statements spanning a period of ten years and to calculate the current value of the companies. The matter settled on the third day at court.
Appointed by the defendant, the majority shareholder, in a claim for unfair prejudice brought by the minority shareholder of three companies involved in hair dressing and producing branded hair products in the name of the majority shareholder. We were required to value both the businesses involved and a trademark held by one of the companies. Our work was used to inform the parties at a mediation which was ultimately successful in resolving the dispute.