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Leviston v PQ Management Pty Ltd (No 3) [2023] FCA 986

Leviston v PQ Management Pty Ltd (No 3) [2023] FCA 986

EVIDENCE – expert evidence – valuation of shareholding – application of capitalisation of future maintainable earnings method – challenge to the correctness of the result of the valuation exercise – where the expert in part performed a calculation in accordance with accounting standards – whether the expert erred in placing weight on particular data points – challenge partially successful

PRACTICE AND PROCEDURE – judgments and orders – construction of orders – whether regard may be had to the reasons for which orders were made in the absence of ambiguity

Original article available at: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2023/2023fca0986

For more information, see the original judgement.

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