BR v BR [2024] EWFC 11 (30 January 2024)

BR v BR [2024] EWFC 11 (30 January 2024)

The default and proper course in financial remedy proceedings is to instruct a Single Joint Expert for business valuation unless there is a high degree of justification to depart; no such justification exists in this case.

Citation
[2024] EWFC 11
Parties
Applicant: BR; Respondent: BR
Jurisdiction
England and Wales
Judgment Date
30 January 2024
Procedural Posture
Financial Remedy Proceedings / First Appointment
Outcome
Direction for instruction of a Single Joint Expert for business valuation evidence.
Legal Topics
Expert Evidence, Single Joint Expert, Business Valuation, Financial Remedies, Disclosure
Family Law Expert Evidence Single Joint Expert Business Valuation Financial Remedies Disclosure

Case Brief

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Parties

BR

Applicant

BR

Respondent

Procedural Posture

Financial Remedy Proceedings / First Appointment

Legal Issues

  1. 1 Whether expert business valuation evidence should be provided by a Single Joint Expert or by separately instructed experts for each party

Ratio Decidendi

The default and proper course in financial remedy proceedings is to instruct a Single Joint Expert for business valuation unless there is a high degree of justification to depart; no such justification exists in this case.

Court Disposition

Direction for instruction of a Single Joint Expert for business valuation evidence.

Orders

  • A Single Joint Expert is to be instructed to value the business interests.