For our Russian clients we have created a new web page in Russian with details of some of the many expert witness reports and cross examination cases. These have included cases heard at arbitrations or courts in the UK and Cyprus for Russian companies and individuals.
We are a nimble and conflict free boutique firm of highly experienced forensic accountants. Our team can conduct assignments in any of nine European languages.
Valuation of Commercial Agencies for Regulation 17
In this blog I explore the challenges when valuing the termination of agency for compensation using a recent reported case to illustrates these difficulties. Compensation is payable by a principal to a commercial agent by Regulation 17 (2) of the Commercial Agents (Council Directive) Regulations 1993 (“the Regulations”).
The Regulations define a commercial agent as a “self employed intermediary who has continuing authority to negotiate the sale or purchase of goods on behalf of their principal or to negotiate and conclude such transactions on behalf of and in the name of that principal”.
In this blog I use the Software Incubator case, for which I wrote expert reports and provided oral evidence in court, to illustrates some of the difficulties in estimating the profitability of the agency before assessing the compensation due. Read More
Major UK infrastructure projects require compensation for compulsory purchase of land and businesses
CPO Valuation: Compensation for business losses
I recently attended Francis Taylor Building’s annual compulsory purchase legal update seminar. Richard Glover QC chaired the afternoon seminar and presented the session on CPO valuation and business extinguishment compensation, which was a philosophical but highly thought provoking look at the Lands Tribunal’s latest business loss compensation decision, a case in which I gave evidence.
Filling in the evidential gaps
Intriguingly he started by describing recent research by Peter Carruthers (http://tiny.cc/no-conscious-thought), a Professor of Philosophy, who concludes that judgments, decisions, intentions and goals are not tied to sensory experiences and never figure in working memory or become conscious. Professor Carruthers points out that we only ever recognise our decision-making from what does become conscious, such as visual imagery and the words we hear ourselves say in our heads. As such, Carruthers concludes that conscious thought, judgment and volition are all illusions.