Financial remedies cases facing valuation challenges

Remote final hearings in financial remedies cases are facing challenges of financial market volatility, family solicitors have warned

21 Apr 2020

Remote final hearings in financial remedies cases are facing challenges of financial market volatility and uncertainty around property, business and investment values, family solicitors have warned.

Samantha Newton and Megan Prideaux, both family solicitors at Ashfords, said these challenges pose wider questions as to timing of hearings and how they are to be conducted.

“Where an expert has been instructed to provide specific pension advice or to value a business interest or property assets, the reliability of these expert valuations during this unpredictable time is causing concern,” they warned.

They also expressed concern that if hearings were to go ahead, relying on this information could resul...

Want to read on?

This article is part of our subscription-based access. Please pick one of the options below to continue.
Already registered? Login to access premium content

Single User

  • - 10 issues a year delivered to you
  • - Digital edition of the magazine
  • - Access to premium content
  • - Access to the SJ Archives
  • - Weekly email newsletter
  • - Access to the SJ community online
  • - Advanced search feature
  • - Online support
  • - Access to SJ app- coming soon!
  • - 6 special focuses per year
  • - Special offers on SJ and IICJ events

Corporate User

The Corporate IP Licence is tailored to your firm, making it the most cost effective way for the firm to access Solicitors Journal, and enables the firm to remain compliant with copyright and our Terms and Conditions. This gives you the ability to print and circulate articles within the firm.

To enquire about a Corporate IP Licence for your firm, please contact our Subscriptions Manager on george.miller@solicitorsjournal.com.