Brendan Lyne

BCom, MBA (distn), MBS (Finance), AAMINZ.

Brendan Lyne is a director of Lyne Davis Opinion Ltd. Previously he was a partner of Grant Thornton heading their corporate finance division.

For more than 25 years his professional time has been involved in expert evidence, loss of profits opinions and financial asset valuations. He has been cited in a large number of court decisions through to the Supreme Court.

Brendan specialises in expert financial investigation, business and company valuations, expert evidence, independent reports, arbitration and other dispute resolution work. He has over 40 years’ experience in a variety of roles including eight years as a senior manager in the financial consulting division of an international accounting firm and a senior financial management role in a public listed corporate. His experience includes independent valuations of shares, businesses and financial assets in a wide range of endeavours, sectors and industries.

Clients include private companies and businesses, public listed entities, Commerce Commission, Auditor General, Inland Revenue, Takeover Panel, Iwi and large number of barristers and solicitors. 

He has written and presented various papers on valuation and financial management and has co-authored a Discussion Paper for the Financial Reporting and Standards Board, the body responsible for writing the standards for the New Zealand Institute of Chartered Accountants (now CAANZ). His research for his Masters in Finance was on the valuation of unlisted vs listed companies and businesses. He has written papers and presented on a significant number of occasions including seminars to Auckland District Law Society, New Zealand Law Society and the CAANZ. 

Brendan is an experienced expert witness and has been appointed by the Courts and CAANZ as such. He regularly prepares expert financial evidence in the areas of economic damages assessment, forensic accounting, relationship property disputes, valuation and other financial investigations. He has appeared as an expert financial witness in the High Court, Family Court, Takeover Panels, Parliamentary Select Committee and other forums.

Tony Davis

BCom (Hons), INFINZ (Cert), CMInstD

Tony Davis is a director and principal of Lyne Davis Opinion Ltd. Prior to establishing Lyne Davis Opinion with Brendan Lyne, Tony was for nine years a partner in the corporate finance division of Grant Thornton New Zealand and led the firm’s valuation practice. He was formerly an associate of Frankham Lyne Limited, a boutique valuation and litigation support practice working with Brendan and Tony Frankham, before joining Grant Thornton.

Tony has more than 19 years’ experience in corporate finance and financial investigation roles including, in addition to the above, five years in the investment banking industry where his experience included investment analysis and valuation, capital raising, business establishment and providing ongoing support to private sector investments.

Tony specialises in business and company valuation, expert witness services, litigation support, mergers and acquisitions, and strategic advisory services. He is experienced in the valuation of intangible assets with particular knowledge of the valuation of business combinations, purchase price allocation and impairment testing under IFRS.

Tony also provides expert witness testimony in the areas of valuation, economic damages, forensic accounting, relationship property, and other financial investigations. He has appeared as an expert financial witness in the High Court and Family Court and arbitration and mediation forums.

Tony has been active in the aged care sector, He was partner in charge of the Grant Thornton Aged Residential Care Service Review (2010), a significant review of the aged care sector co-sponsored by the 20 DHBs and aged care provider peak body and has advised clients in the sector in the areas of valuation and feasibility analysis.

Tony has publicly presented on numerous occasions on the valuation of business and shares and intangible assets. Included amongst these are several courses he has presented, both locally and at a national level, on behalf of the New Zealand Institute of Chartered Accountants (and more recently Chartered Accountants Australia New Zealand) as part of their continuing education program for members.