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.