P v Secretary of State for Work and Pensions and P (CSM) (Child support - property and capital transfers) [2018] UKUT 60 (AAC) (19 February 2018)

Where a private company is carried on as a ‘quasi-partnership’, for the purposes of regulation 18 of the 2000 Variation Regulations it may be appropriate to value the shares on the basis of the value of the company’s shareholders’ funds without discounting to reflect the difficulty of realising the shareholding.

Full report: Bailii