When to Value a Company – Part Five:...
Litigation proceedings are an emotional and stressful time. At Smythe Advisory, we can add financial expertise to your litigation team, giving you much needed peace of mind. By choosing Smythe Advisory, you can rest assured that your legal counsel has access to expert advice as we work closely with your lawyers to analyze complex economic, financial and accounting issues.
One of the most common ways we assist our clients is quantifying the value of their business in relation to matrimonial and shareholder disputes.
For matrimonial disputes, we are jointly engaged by both parties to determine the value of the family business. The business valuation is used in the calculation of family property for the purpose of dividing family assets in the separation. We are also engaged to calculate the guideline income of the parties for the purpose of child or spousal support.
For shareholder disputes, we are often engaged to determine the value of the business for the purpose of buying out a shareholder. Another reason we are engaged is to determine the economic loss associated with a disputed course of action, including breach of contract.
The litigation support services we provide include:
In a litigation setting, we understand the importance of not only getting our analysis right but also clearly communicating our position to all parties involved. We take pride in developing our analysis based on supportable facts and reasonable assumptions to ensure our conclusions are credible and respected.
Our experts have given expert witness testimony before the Supreme Court of British Columbia, the Queen’s Bench of Alberta and in mediations and arbitrations.