header-logo header-logo

Home Login E-newsletter About us

Civil way: 30 October 2020

© Copyright LexisNexis 2025. All Rights Reserved.
27 October 2020 / Stephen Gold
Issue: 7908 / Categories: Features , Procedure & practice , Civil way
printer mail-detail
Double whammy in Family; Time to forfeit; Cannibalism at GRO; Probate Overridden; Low-value highs

BREXIT & COVID A LA MOSTYN J

The double whammy of these two horrors has been addressed by Mostyn J in the first reported case on their impact on a company’s value in OG v AG [2020] EWFC 52. In focus was a company providing ducting to a wide range of customers in construction, transportation and other industries. A significant proportion of the trading business was with the EU and if there was no deal, the free trade tariff on which the company operated would end. The company had already experienced a significant decrease in demand. The single joint company valuation expert advised that a Brexit/Covid-19 discount was appropriate but declined to hazard a figure. The wife argued for 10% to be applied not only to the trading element of the valuation but the surplus assets of cash and quoted investments as well. The judge applied 10% on the trading element only. He held that there was

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Read All
Sponsored by
DWF—19 appointments

DWF—19 appointments

Belfast team bolstered by three senior hires and 16 further appointments

Cadwalader—Andro Atlaga

Cadwalader—Andro Atlaga

Firm strengthens leveraged finance team with London partner hire

Knights—Ella Dodgson & Rebecca Laffan

Knights—Ella Dodgson & Rebecca Laffan

Double hire marks launch of family team in Leeds

NEWS
Read All
NLJ this week: Fraud claims climb as courts brace for AI threats
Charlie Mercer and Astrid Gillam of Stewarts crunch the numbers on civil fraud claims in the English courts, in this week's NLJ. New data shows civil fraud claims rising steadily since 2014, with the King’s Bench Division overtaking the Commercial Court as the forum of choice for lower-value disputes
NLJ this week: Pro bono power without the red tape
Bea Rossetto of the National Pro Bono Centre makes the case for ‘General Practice Pro Bono’—using core legal skills to deliver life-changing support, without the need for niche expertise—in this week's NLJ
NLJ this week: Trans pool player loses discrimination fight
Charles Pigott of Mills & Reeve reports on Haynes v Thomson, the first judicial application of the Supreme Court’s For Women Scotland ruling in a discrimination claim, in this week's NLJ
NLJ this week: Courts walk a tightrope on relocation & abuse
Writing in NLJ this week, Victoria Rylatt and Robyn Laye of Anthony Gold Solicitors examine recent international relocation cases where allegations of domestic abuse shaped outcomes
NLJ this week: Traders’ convictions quashed in Libor shock
The Supreme Court issued a landmark judgment in July that overturned the convictions of Tom Hayes and Carlo Palombo, once poster boys of the Libor and Euribor scandal. In NLJ this week, Neil Swift of Peters & Peters considers what the ruling means for financial law enforcement
Copyright © 2025 LexisNexis
back-to-top-scroll