In the U.S., the days are gone when a valuation expert could put forth an opinion in court without having to substantiate it. Not so in the U.K.—for now, anyway. “There is a willingness to accept professional opinion, without the need necessarily for this to be supported by external authority,” says Andrew Strickland, veteran valuation expert and longtime staffer at U.K. firm Scrutton Bland who is now a consultant to the firm. Strickland gives his insights into other aspects of BV practice in the U.K. in the April issue of Business Valuation Update.
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