Shareholder dispute requires independent valuation

IP & Technology Disputes Managing Associate

Law Firm, London

“My client was involved in a shareholder dispute in the online ticketing industry and needed a valuation prepared in order to inform its settlement decisions ahead of a without prejudice meeting, and to provide us with ammunition to use during negotiations. Nicholas responded quickly to the brief and let us have a number of options as to how to approach the valuation. As a result of that we asked Nicholas to prepare two valuations at different points in time in order to effectively demonstrate both (1) the losses that our client had suffered as a result of the counterparty’s conduct; and (2) the current valuation of the company. Nicholas prepared the report on time and on budget. He clearly explained the basis of his valuations so that we were able to put across persuasive points during the negotiations, and he was on hand to assist us when new facts arose during the negotiations. The matter successfully settled some time after the initial without prejudice meeting, and I would not hesitate to use him again in the future”