Shareholder dispute

The only issue that two out of three equal shareholders in a building products company were able to agree on was that they could not continue to work with each other. The company had become established in a short period of time and was generating significant profits for the shareholders. The alternative courses of action the shareholders faced were therefore the sale of one of the shareholdings to either or both the other members or to try and sell the company as a whole to a third party. DTE Forensic Accounting Services were asked to provide a range of values that the sale of the company would be likely to achieve on the open market as well as providing an opinion on the value of the individual shareholdings. Following the issue of the DTE report on the valuations, the three shareholders reached an amicable agreement on the transfer of the shares between themselves.