Business Valuations & their Applications |

Business Valuations & their Applications

Paula Puddy, HBA LLB MBA

In this Frontenac Law Association (FLA) seminar, Matt Benson, Martin Gravelle, and Mike Pretsell provide guidance on the business valuations process encompassing various approaches, methodologies, and techniques, and their importance in courtroom litigation.

The presenters discuss the purpose of business valuations in estate planning, business transactions, divorce proceedings, and litigation. They  shed light on the significance of business valuations in courtroom settings where the valuator’s testimony is crucial, and delineate different types of valuation reports, along with their respective applications and contents. 

Additionally, Matt Benson, Martin Gravelle, and Mike Pretsell delve into the litigious aspects of business valuations, addressing the duties and preparations required of valuator expert witnesses when presenting in court. The presenters stress the importance of the valuator having an independent and thorough understanding of the case, and effectively communicating findings. Practical advice is offered on hiring, retaining, and preparing business valuators, as well as strategies for cross-examination and rebuttal reports. 

Business Valuations and their Applications

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