Polemic Forensic analysed the financial statements for a wholesale business which involved warring family members.

It was apparent that the profit and loss statements reflected significant related party expenses which were incurred by the managing director.

There were also significant discrepancies with industry benchmarks.

Polemic Forensic prepared a business valuation for the entity.

Shortly after a period of cross examination by the other party’s barrister the Supreme Court of NSW determined that Polemic’s client was entitled to a sum of $2.4m representing his shareholding in the business.