Legal Background for a Different Expert Assessments of a Business Enterprise Belonging to a Commercial Company and of a Business Share in a Commercial Company
Legal Background for a Different Expert Assessments of a Business Enterprise Belonging to a Commercial Company and of a Business Share in a Commercial Company

Author(s): Roman Skalicky
Subject(s): Business Economy / Management, Commercial Law
Published by: Masarykova univerzita nakladatelství
Keywords: expert witness valuation; business enterprise; business share; corporate name; brand;
Summary/Abstract: The role of an expert witness is to provide the court with an independent and neutral assessment (e. g. valuation) based on his expertise. The aim of this paper is to define legal background of a business enterprise (belonging to a commercial company) and a business share (in a commercial company) valuation within the legal system of the Czech Republic. For this purpose, the paper examines the legal nature of a business enterprise and a business share and the case of their purchases that might require an expert valuation, compares them and defines the differences between them influencing expert assessments so that it can subsequently result in a reliable valuation by an expert witness. The most significant differences are apparently associated with public claims and a corporate name.

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