Is UK Common Law for business valuation evolving toward a fairness standard?
‘Common law is shifting under our feet, so this is an interesting time to do valuations in contentious situations, whether it’s a family or a non-family situation,’ Andrew Strickland (Scrutton Bland) told BVWire—UK last month.
New cases suggest British Common Law may be emphasizing 'fairness'
‘Common law is shifting under our feet, so this is an interesting time to do valuations in contentious situations, whether it’s a family or nonfamily situation,’ Andrew Strickland told BVWire—UK recently.
Richardson v. U.S. News & World Report, Inc.
639 F.Supp. 595 (1986) David B. RICHARDSON, et al., Plaintiffs, v. U.S. NEWS & WORLD REPORT, INC., et al., Defendants. Civ. A. No. 85-2195. United States District Court, District of Columbia. July 7, 1986. E. Roger Frisch, New York City, George A. Bangs and Joseph M. Butler, Rapid City, S.D., and Raoul L. Carroll, Washington, D.C., for plaintiffs. Richard J. Leighton and Avis Black, Washington, D.C., for defendant-intervenor Save the Fund. Leslie A. Nicholson, Jr ...