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Losing a professional membership that underpins your credibility
Case Updates

Losing a professional membership that underpins your credibility

The claimant brought an action against two of its founding shareholders, and companies owned or controlled by them, seeking compensation for harm caused by their alleged participation in a fraudulent scheme. The forensic accounting expert for the first defendant failed to inform the court, until shortly before he gave evidence, that he had ceased to hold a key professional membership.  

JSC Commercial Bank Privatbank v Igor Valeryevich Kolomoisky & Ors [2025] EWHC 1987 (Ch)

Mantir Singh Sahota v Albinder Singh Sahota & Ors [2024] EWHC 2165 (Ch)
Case Updates

Mantir Singh Sahota v Albinder Singh Sahota & Ors [2024] EWHC 2165 (Ch)

The judge found that the forensic accounting expert’s approach of forming an opinion as to the value of the Company, then carrying out a detailed calculation and only if it matches his initial opinion accepting it, undermined the credibility and reliability of his opinion as to the value of the Company.

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