Case study
Appointed as an SJE in lengthy complex family dispute
Jon was appointed on a complex family case, involving numerous companies, significant property holdings, a range of closely connected trading businesses with different year ends, cross guarantees for extensive bank borrowings and extensive inter-company lending. With uncertainty over maintainable trading performance, and a very complex tax issue requiring disclosure to HMRC in order for it to be settled, the case ran over two years before the final hearing. Jon was instructed as a single joint expert and in the High Court hearing his oral evidence was required to address each of the above points. In addition, he was also required to provide expert opinion on the alternative scenarios for resolution as presented by opposing Counsel and to address further questions raised by the Judge in respect of the competing proposals. Jon’s evidence ran over three days, including attendance in person, by video link and through further written submissions. A complex valuation proposition combined with the wider intricacy of the case required the input of an expert with current transaction, complex tax and business refinancing experience and Jon was able to assist the court in all three areas.
“2023 has been another busy year for our specialist matrimonial and business valuation team. As a Forensic Services Partner, I have worked during the year on over 30 significant business valuation cases (in the Family Courts and in Expert Determinations) and as a Corporate Finance Partner, I have also led 8 completed M&A transactions. The ongoing interaction between my two key specialist areas of work has resulted in a continuation of fascinating appointments during the year across multiple sectors, including retail, construction, financial services, leisure, manufacturing, infrastructure, professional services and others.” What has 2023 looked like for matrimonial and valuations matters?
Which assignments were most notable in 2023?
“In 2023 my instructions covered a very wide range of businesses in terms of size, value and level of shareholding. Values ranged from under £1 million (but with huge complexity and other fundamental case issues being addressed) to in excess of £400 million. Shareholdings ranged in size from less than 3% to 100% controlling interests. With this diversity, I find it rare for any individual case not to have some unique characteristic that makes it notable. My chosen case study provides a flavour of the sort of issues that arise on a case by case basis.”
Jon Dodge, Partner
12
13
Made with FlippingBook - professional solution for displaying marketing and sales documents online