Commercial Litigation

Checklist for the Evaluation of an Internet Business

by Arnold Shields 16 March 2010

I recently received an email asking us to value an online business and I developed a list of information that you should get to ascertain whether it is worth continuing in your investigations of the business.

When we are examining a business for business valuations or commercial litigation, we look at the financial statements, tax returns etc for the story that they tell about the business and comparing that to the story of the owners of the business.

Ideally those stories should agree, but it is not always the case.

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Statement of No Advice

by Fiona Bateman 27 January 2010

We have been amazed at the number of people who are being asked to sign a “Statement of No Advice” by their financial Advisors. Why would the advisors ask you to do that? They don’t have to take responsibility for their advice.  If they don’t want to take responsibility why would you trust them? They don’t have to disclose how [...]

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Disputed Will – Case Study – Future Needs

by Arnold Shields 13 November 2009

How we calculated the future needs in a disputed estate by using superannuation and effective tax planning to provide a solution that enabled a quick settlement.

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Financial Advisers Duty of Care

by Fiona Bateman 5 November 2009

Having lost money through the investments made by your financial adviser does not necessarily represent bad or negligent advice.

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Using the Internet for Litigation Research

by Arnold Shields 14 October 2009

We use Google and the internet as a valuable research tool in almost all our forensic accounting litigation matters. The information available enables us to check the stories of both the plaintiff and defendant against other sources of information.

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Business Valuation Rules of Thumb

by Arnold Shields 18 August 2009

Rules of Thumb in business valuations almost always benefit the seller of a business. Rules of thumb are often used to justify or validate the value of a business that is either unprofitable or uneconomic.

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Common Mistakes in Economic Loss 1 – Loss based on short period.

by Arnold Shields 28 July 2009

As forensic accountants, acting for either the plaintiff or defendant, we often see claims for economic loss in commercial litigation and personal injury based on a level of income that is only for a short period of time.

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