Lost Profits & Damages
Valuation discounts and premiums, for factors such as illiquidity and control, appear frequently in disputes involving valuations. RDA can advise on appropriate levels for such discounts and premiums.
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Recent Minority & Liquidity Analysis Cases
Post acquisition dispute following a breach of warranties and alleged fraudulent misrepresentation, UK High Court
Instructed on behalf of the claimant to assess the actual and as warranted value of a business acquired during the Covid-19 Pandemic where allegations of fraudulent misrepresentation were made.
Expert advice in respect of applicable discounts in real estate holding company, UK High Court
Instructed by respondent husband to provide advice on the applicability and quantum of valuation discounts for interests in family held real estate investment businesses.
Expert advice on valuation issues relating to large energy retailer, Arbitration
Party appointed expert instructed to advise on valuation issues relating to a large UK 'Challenger' energy retailer. Consideration was also given to appropriate discounts in circumstances where there were annual share buybacks.
Expert appointment to consider the value of a vertically integrated group of energy companies with both generation and retail operations, UK High Court
Party appointed expert instructed to value a large, integrated group of energy companies with generation and retail operations. Specific consideration was given to the appropriate discount rate (beta) and the correct approach by which cash flows should be discounted.
Expert valuation advice in respect of carried interest calculations by reference to the A v M formula
Instructed to consider the potential value of a husband's entitlement to carried interest, with specific consideration of the firm's 'Dollars At Work' carry payment structure. Consideration was given to the correct approach where the husband had interests in multiple funds.
Party appointed expert instructed to provide support and advice to husband's legal team in contested proceedings, UK High Court
Appointed on behalf of the respondent husband to assist with the valuation of a large group of software companies. Specific challenges were required to the instructed SJE as well as identifying significant, major errors in their work.