My Thermomix has no value – Higgins & Thermomix [2017]

September 11, 2017

Higgins & Thermomix [2017] WADC 101 This case is primarily focused on whether Thermomix Australia engaged in misleading or deceptive conduct, but does provide insight into the judge’s application of business valuation issues for a damages claim by the plaintiff. Mrs Higgins operated as a Thermomix group leader, overseeing a defined geographic area and a...

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“Woefully inadequate” evidence – Yavuz & Yavuz

August 15, 2017

Yavuz & Yavuz [2017] FamCAFC 74 (April 2016) A woman, her husband and his brother went to court… This family law matter involved Mrs Yavuz (the wife), Mr Yavuz (the husband) and Dr Yavuz (the husband’s brother). The husband and his brother were partners in a number of businesses and investment properties, equally sharing in the...

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Shareholder discounts – Cantwell & Cantwell [2017]

April 17, 2017

Cantwell & Cantwell [2017] FamCA 117 (March 2017) This family law matter involved a shopping list of property interests held via various trusts, companies and partnerships. Within the property interests were two businesses, called Suburb B and Suburb C. The Cantwell’s (husband and wife) directly and indirectly owned: Suburb B – 50% interest (the husband)...

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Which valuation method? Riley & Riley [2016]

April 13, 2017

Riley & Riley [2016] FamCa 535 This case involved a number of business valuation issues, but most interestingly: adopting an earnings or asset based approach treating a trade finance facility as debt no goodwill if an asset based approach is adopted The husband operated a wholesale import business, importing products for re-sale in Australia. The...

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