[SMULA Masterclass] Identifying and Valuing Assets in a Divorce - Novel Assets and Novel Approaches to Traditional Assets

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Identifying and Valuing Assets in a Divorce - Novel Assets and Novel Approaches to Traditional Assets


Iain Potter Executive Vice President J.S. Held	Shu Mei Hoon Director Drew & Napier

SYNOPSIS

This Masterclass is divided into two parts. Interested participants may enroll in one or both of the parts.

Part 1 - Cryptocurrency, NFTs and Social Media Accounts
Increasingly, divorcing couples are having to grapple with identifying, valuing and dividing not only traditional financial assets such as savings and investment accounts, but also novel assets such as cryptocurrency, non-fungible tokens (NFTs) and income-generating social media accounts. These assets raise new challenges not only insofar as identifying and tracing these assets, but also when it comes to placing values on them at a particular point in time. Part 1 of this Masterclass looks at some of the solutions that have been developed in response to these issues.
Part 2 – Distinguishing between Personal and Business Goodwill
Valuations of privately-held, small and medium-sized businesses are commonly required in the course of family proceedings. These businesses often depend heavily upon the reputations, relationships or skillset of one or more of the spouses for their continued success and would arguably perform much worse, or cease trading, if the spouse were to exit the business. As such, it is often argued that some of the goodwill seemingly attached to a business, is actually inextricably tied to the spouse and should not be included in any valuation of the business itself. Valuers have a number of tools at their disposal to assist the courts with making sense of this issue and in Part 2 of this Masterclass, the speakers will explain those approaches and their relative merits.

The SMU Law Academy Expert Masterclasses are advanced skills and case-study based programmes where participants will learn from the industry’s top experts in a specific area of practical importance. Typically taught in a face-to-face format, such sessions will help participants to acquire practical in-depth knowhow to aid their development. All the masterclass instructors are specially curated and are recognised as experts in their areas.

SPEAKERS

Iain Potter
Iain is a Chartered Accountant, qualified in both the UK (ICAEW) and Singapore (ISCA), specializing in complex loss of profit and valuation engagements and he has been based in Singapore since 2014. He is recognized as a leading expert by Who’s Who Legal, with clients praising his "matter-of-fact approach to drafting reports and giving testimony", adding that "He is a fantastic expert witness for quantum valuation and forensic accounting."

In addition to his expert appointments, Iain is a member of the adjunct faculty at the National University of Singapore’s Business School, where he lectures on damages quantum and business valuation disputes. He is also pursuing a number of lines of research, currently including a PhD focusing on the extent to which awards of damages reflect risk and uncertainty.

Shu Mei Hoon
Shu Mei has a niche practice in private client and matrimonial disputes. She is a Fellow of the International Academy of Family Lawyers (IAFL), an international association of lawyers who are recognized as the most experienced family law specialists in their respective countries. She has been recognised in various legal publications, including Legal 500 (2023), as “…an up and coming rising star who is making a name for herself” adding that “her ability to be a tenacious litigator yet explore all means of resolving matters amicably” is what sets her apart from her peers, citing her “flexibility and integrity [as] key strengths.”

Outside of her work, Shu Mei has a special interest in law reform and writing. She has authored various international publications on family law and dispute resolution, and speaks regularly at conferences locally and internationally. Shu Mei is currently pursuing accreditation in Digital Assets advisory.

FEES

Registration will close on 3 May 2023.

Complimentary for SMU Law Full-time Faculty, Staff & Students. Please sign up with your SMU email address.

SCHEDULE

Part 1:	10 May 2023
	2:30 - 5:30 PM

Part 2:	17 May 2023
	2:30 - 5:30 PM

VENUE

Singapore Management University

PUBLIC CPD POINTS

Part 1: 3 points

Part 2: 3 points

PRACTICE AREA

Family

TRAINING LEVEL

Intermediate

PROGRAMME
2:15 PM	Registration

2:30 PM	Part 1

3:45 PM	Break

4:00 PM	Part 2

5:30 PM	End of Event

Session	Early Bird (registration by 26 Apr)	Regular Price (registration after 26 Apr)
Part 1	$243*	$270*
Part 2	$243*	$270*
Parts 1 and 2	$486*	$540*

Fees are inclusive of GST.

*Please note that there will be no refund of any fees should the participant cancel the registration/ fail to attend the event. However, registration is transferable. Notice of any change in participant should be sent to the Academy via email: smulawacademy@smu.edu.sg, by 3 May 2023.

SMU Law Academy reserves the right to cancel or postpone any event. In such case, we will arrange for the refund of fees paid.

ABOUT THE SMU LAW ACADEMY

The SMU Law Academy (previously known as CLE) has an established track record of providing the legal profession with high quality seminars and other opportunities to remain fully informed about contemporary legal developments in Singapore and beyond. Its carefully curated listing of seminars is developed with the profession’s multi-faceted needs in mind and meets the requirements of the CPD scheme. The Academy also administers the Auditing Scheme which enables members of the legal profession to consolidate and upgrade their understanding of the law by auditing courses in the School’s LL.B., J.D. and LL.M. programmes. For an overview of upcoming SMU Law Academy events, please click here.

ABOUT THE SILE CONTINUING PROFESSIONAL DEVELOPMENT SCHEME

This programme is an Accredited CPD Activity under the SILE’s CPD Scheme. Participants who wish to obtain CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, participants are reminded to sign in on arrival and sign out at the conclusion of each day of the event in the manner required by the organiser. Participants must not be absent from each day of the event for more than 15 minutes. Participants who do not comply with the Attendance Policy on any particular day of the event will not be able to obtain CPD Points for that day.Please refer to http://www.silecpdcentre.sg for more information.

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