Update

Valuing minority shareholdings – must a minority discount be applied?

In Olive Group Capital Limited v Gavin Mark Mayhew the Court of Appeal upheld the BVI Court's decision that, when valuing a minority shareholding, a minority discount can be applied, but that it is a matter for the valuation experts in each case as to whether such a discount should be applied. The Court has no jurisdiction to interfere with such a decision, absent fraud or collusion.