Professional Services
FRP Advisory
Full Credential Description
A 50 per cent shareholder in a successful business within the transport and logistics sector faced a significant challenge due to a deteriorating relationship with the other equal shareholder, leading to considerations of a claim for unfair prejudice and misappropriation of company funds. The client was hindered by limited historical financial information, complicating the situation further.
To address these issues, we’s Forensic Services team, led by expert Fiona Hotston Moore, was engaged to provide a comprehensive business valuation and losses report. The team meticulously reviewed the available financial information, assessed the sums drawn by each shareholder in terms of fees, dividends, and expenses, and analyzed key legal contracts and industry data relevant to the sector. They employed both an earnings methodology and a discounted cash flow approach to arrive at a fair valuation of the 50 per cent shareholding.
The outcome was a detailed business valuation and quantification of the potential misappropriated funds, delivered as an expert opinion within a tight timeframe of three weeks. This report was instrumental in enabling the client and their counsel to prepare a robust loss claim, ultimately supporting the client's position in the dispute. The swift and thorough analysis provided by we’s Forensic Services team not only met the client's urgent needs but also reinforced their trust in expert financial advisory services.