We support family law lawyers and their clients by providing sound and clear representations of financial positions of all parties in situations of separation or divorce when business ownership is an asset of the family.
We provide loss quantification and litigation support services providing independent, objective and accurate reports that positions legal counsel with the necessary financial means of arguing their clients positions in legal proceedings.
Contact us for more information.
When is litigation needed?
Disputes are a natural obstacle in business. When things escalate to litigation for reasons such as shareholder disputes, trademark infringement, oppression claims, breach of contract, and business interruption.
Litigation may be necessary if mediation or arbitration have failed or are not feasible.
Get in touch today to learn more.
Categories of Litigation Support
SB Partners valuation experts support litigation and dispute resolution around legal, tax and financial matters.
- Shareholder disputes
- Minority shareholder dissent
- Oppression claims
- Business interruption
- Intellectual property infringement
- Breach of contract
- Breach of fiduciary duty
- Property expropriation
We offer expert support and reporting you can rely on. Contact us today for next steps.
Family Law Support
SB Partners offer objective, expert and professional valuation services in helping families move forward. Our services include:
- Valuations of stock options and businesses for the division of net family property
- Determining tax liabilities and selling costs for inclusion in the division of net family property
- Income analyses for the purposes of determining support payments in accordance with Federal Guidelines
SB Partners is often jointly retained by both parties involved in separation or divorce in order to avoid “duelling experts”. This often paves the way for cost savings in an already costly life event.
Get in touch today to learn more.
Family Law - Collaborative Practice
Collaborative practice is a means of resolving legal marital disputes without judges, magistrates or court often using a team of professionals including (financial, mental health and legal professionals) to guide separating of divorcing couples to achieve balanced and lasting agreements.
When clients and lawyers have agreed not to go to court, but to reach a settlement they often choose to engage in collaborative practice resolution.
SB Partners is part of collaborative family law groups and works with clients and other professionals to help reach a settlement in a more cost-effective, respectful manner than expensive litigation. We often work with both lawyers and clients towards achieving the desired outcome that targets optimizing both party’s outcome, jointly.
Talk to our team about your needs.
Stay Focused and Organized with Litigation Support
When engaged in tort law and related legal proceedings, there are many questions to be answered. With SB Partners you can trust that our reporting will be clear, concise, and easy to understand.
Our CBV designation in recognized by the courts. When working on complex cases, we are able to distill information and make it easily understandable to facilitate legal counsel’s position and assist judges and the courts understand the financial aspects of the conflict giving rise to the legal matter.
We equip our clients’ legal counsel with the knowledge they require to effectively negotiate their way to a resolution or settlement.
Who We Work With
With the option of being jointly retained by parties in litigation to avoid “duelling experts” (Chartered Business Valuators), we work with:
- Business owners
As part of compensation employees often receive stock options/restricted stock units or shares. In the event of divorce, these assets are required to be valued as part of the equalization to determine net family property.
In most Family Law cases, the litigation has started. Either the client knows, or their lawyer/court tells them, they have to get a valuations report to ensure their financial reporting is representative of fair value.
On the valuation side, a person needs to have a valuation to determine their assets and liabilities with expert support behind it.
Likewise, on the income side. Income reports are often required when a business is involved as it is not always clear from a person’s tax return what their income might be.
When it comes to commercial litigation where litigation has commenced or a lawsuit filed, our Chartered Business Valuators will be engaged to conduct a quantification process. This is required to either value a business or quantify the damages someone has suffered.
A CBV determines fair market value/fair value for the buyout of a shareholder.
Oppression remedy would be an example. Where it is revealed that a majority shareholder is acting in a manner that is unfair to minority shareholders, the minority shareholder can force the buyout of their shares through the courts.
Our team of chartered professional accountants (CPAs) work with clients across Southern Ontario, including:
- St. Catharines