Solicitors Journal – 14 March 2017 As businesses differ, it is important to ascertain their value with care to ensure a fair division of the family wealth, advises Rakesh Kapila. The value of a family business or business interest is included in the matrimonial pot to be distributed when it comes to negotiating a financial
Family Law Journal – December 2016/January 2017 Graeme Fraser, a partner at Hunters, and Rakesh Kapila look at when it is necessary and proportionate to instruct a forensic accountant in financial proceedings Changes relating to the use of expert evidence in family proceedings mean that the instruction of forensic accountants in financial proceedings requires technical precision and
April 2017 Business valuations are often needed in connection with various types of litigation, such as disputes between shareholders or partners, divorce cases and cases involving the loss of a business opportunity. In addition, valuations may occasionally be required in personal injury or loss of profits cases in which a business has ceased trading or
March 2017 A “shadow expert” advises one of the parties in a case as part of the legal team and is not approved or endorsed by the Court. Forensic accountants can play a very useful role as shadow experts in many types of case, including commercial disputes, matrimonial cases, personal injury claims and employment disputes.
February 2017 Expert accountants are not always instructed in isolation. We often play an important role in liaising with other experts in many types of case, including commercial disputes, personal injury claims, matrimonial cases, employment disputes and fraud cases. Certain types of expert such as medical experts will inform the assumptions on which, for example,
January 2017 The forensic accountant’s primary task is to review and report on relevant documentary evidence. Expert accountants can also add significant value by researching industry background or local factors which may affect a business, or by unearthing facts which are at variance with assertions made by a party to a case. This is important
December 2016 We are excited to launch our new website. Sim Kapila is one of the longest established forensic accounting firms in Central London. We offer specialist advice on the financial and business aspects of legal disputes and claims. Our aims include the provision of independent views unhindered by conflicts of interest and the highest
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November 2016 The Civil Justice Council’s “Guidance for the instruction of experts in civil claims” issued in August 2014 and the Civil Procedure Rules set out basic requirements for expert reports in civil cases. This article covers some of these requirements, many of which will also be relevant to criminal cases, with a focus on
October 2016 Pension rights in divorce or dissolution settlements can often amount to the largest asset after the equity in the family home. Professional advisers therefore need to pay close attention to this aspect of the “family estate”. The options in broad terms for most couples are (i) to offset the value of pension rights