Last updateTue, 24 Feb 2015 5pm

VALUATION: A winning formula?

13 October 2017  

Michael Firth provides some pointers on the valuation of shares

As a general rule, lawyers like rules. Rules can be expressed in black-and-white terms, interpreted and applied. There are often grey areas and difficulties of interpretation, but there are more rules (rules of interpretation) to assist with these problems and, at the end of the day, courts/tribunals of law to tell us which interpretation is the correct one.

Additional Info

  • Case(s) Referenced:

    Cosmetic Warriors Ltd v Gerrie [2017] EWCA Civ 324 (to be reported in a future edition of Wills and Trusts Law Reports)

    IRC v Gray [1994] BTC 8034 (CA)

    Re Lynall (deceased) (1968) 47 TC 375

    Netley v HMRC [2017] UKFTT 442 (TC)