Share valuation:T McMonagle v L Harvey and others[2023] EWHC 2406 (Ch) (6 October 2023)will be of interest to share valuers. In a commercial dispute between individuals an independent share valuation was required. One of the parties challenged the valuation inter aliabecause of the assumptions made by the valuer about the assumed level of directors’ salaries. The judge supported the valuation and the remarks in paras 10 onward about the approach made by the valuer are well worth reading. Read the decision.
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Share valuation:T McMonagle v L Harvey and others[2023] EWHC 2406 (Ch) (6 October 2023)will be of interest to share valuers. In a commercial dispute between individuals an independent share valuation was required. One of the parties challenged the valuation inter aliabecause of the assumptions made by the valuer about the assumed level of directors’ salaries. The judge supported the valuation and the remarks in paras 10 onward about the approach made by the valuer are well worth reading. Read the decision.
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