Valuing businesses in a legal context

Knowledge of business valuation techniques and methods is often a necessary
ingredient in litigation. Valuations may be required in a variety of situations where
legal rights are asserted, including divorce, oppression of minority shareholders, other
shareholder disputes, partnership dissolution, probate matters, taxation appeals,
contractual disputes, etc. This article provides some guidance on the valuation
principles, techniques and methods involved in shareholdings in companies, including
private closely-held companies.