Garage/mechanic
Appointment Type: Single Joint Expert
Service Area: Valuations, Divorce and Matrimonial Matters, Fraud
Industry: Transport and Automotive
Litigation Type: Matrimonial
Size of Case: £100,000 - £500,000
Valuation of three companies involved in the renovation, sale and servicing of vintage motor vehicles, owned by the husband and wife. The valuation was made more complex by the high number of intercompany transactions and the slowdown in the market. Also instructed to comment on the tax consequences of the sale or transfer of shares or liquidation of the companies; the balances between the parties and the companies; the liquidity of the companies; and the historic and maintainable income of the parties.