Business assets: A tangled web

A City Law Firm | Family Law Journal | April 2021 #202
Karen Holden examines cases involving complex business assets and the approach of the courts to such assets The court will have ultimate discretion when dividing assets on divorce and attributing weight to the values of assets, guided by fundamental principles of sharing, needs and fairness. The courts have various powers when dealing with company assets, …

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Business assets: Sharing the golden goose?

Hunters Law | Family Law Journal | June 2019 #187
Henry Hood provides insight on the approach to private limited company assets, including valuation and methods of division ‘A clean break can be more difficult to achieve where a company is involved because sharing over time will commonly imply ongoing income payments and a deferred lump sum on sale, or as liquidity allows.’ Coleridge J’s …

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Financial provision: Sharing the risk

Russell-Cooke LLP | Family Law Journal | May 2019 #186
Jemma Pollock reviews the treatment of ‘copper-bottomed’ assets when compared to assets with a higher risk and less certain value in a case involving a private company ‘The impact of the uncertainty will of course be felt more in cases where resources outside of a family business are lower and where achieving a balance is …

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