We act as independent expert where the contract allows, and as an adviser to a party in a determination conducted by another expert.
Situations
When UAE clients ask for this valuation
- 1A shareholders' agreement requires an independent expert to value shares on exit.
- 2The parties to an acquisition disagree on completion accounts.
- 3An earn-out calculation is disputed.
Who asks us
Typical clients
- Parties to shareholder and sale agreements, usually jointly
- Lawyers acting for either side
What we value
The subject of the valuation
Share values, completion balance sheets, net debt and working capital adjustments, and earn-out payments.
Our method
How we reach the figure
Our mandate is only what the clause gives us. We confirm the question referred, the definition of value, any timetable in the agreement and whether a reasoned decision is required, then set directions for submissions and document requests before deciding on our own expertise.
| Income | Sustainable profit or projected cash flows | Usual starting point |
|---|---|---|
| Market | GCC and international deal and listed-company evidence | Cross-check |
| Asset | Restated balance sheet value | Where relevant |
The contract sets the basis of value and the procedure the expert follows.
Value drivers
Points that move the value
- The contract
- Scope of the referral and the definitions that apply.
- Procedure
- Submissions, information requests and timetable.
- Expert, not arbitrator
- The expert decides using their own expertise.
Documents
What we will ask you for
- The relevant agreement
- Each party's submissions
- Financial records required by the referral
The full list is tailored to your company once the scope is agreed.
Report, timing & fees
What you receive, and when
A written determination, with reasons where the contract requires them.
Any appointment is subject to conflict checks and to the rules of the forum concerned. We do not claim registration as a court-appointed expert in any UAE jurisdiction.
Timing
Typically a few months, depending on the procedure agreed.
Compare report levels on our reports and deliverables page.
Questions
Questions clients ask about this service
- Is an expert determination binding?
- Usually, to the extent the contract provides, subject to limited grounds of challenge under the governing law.