Brendan Lyne

BCom, MBA (distn), MBS (Finance), AAMINZ, CA, CMA, CSAP

Brendan Lyne is a director and principal of Lyne Davis Opinion Ltd, who established Lyne Opinion Ltd in 2011, which became Lyne Davis Opinion in 2015. Previously Brendan was a partner of Grant Thornton and for six years headed their corporate finance division. He was formerly a principal and director of Frankham Lyne Ltd, a boutique valuation and litigation practice which he established in conjunction with Tony Frankham.

Brendan specialises in expert financial investigation, business and company valuations, expert evidence, independent reports, arbitration and other dispute resolution work. He has over 30 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 valuation experience includes independent valuations of businesses, Takeover Panel reports, intellectual property, other financial assets and shares of companies of a range of sizes, sectors and industries.

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 Statements of Standard Accounting Practice of the Institute of Chartered Accountants of New Zealand. His research for his Masters in Finance was the valuation of unlisted companies and businesses. He has presented on a significant number of occasions including seminars to Auckland District Law Society, New Zealand Law Society and the CAANZ.  I am on the panel of advisors to the Auditor General.

Brendan is an experienced expert witness and has been appointed by the Courts and New Zealand Institute of Chartered Accountants 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.