Farley J. Cohen
MBA, FCPA, FCA, CIRP, FCBV, ASA, CFF, FCIArbPrincipal
Biography
Farley Cohen has specialized in business valuations, quantification of economic damages and forensic accounting since 1987. Farley is a Past Chair and former member of the Board of Directors of the Canadian Institute of Chartered Business Valuators. He is a former Managing Director and Principal at two major international consultancies and was also a partner at a prominent business valuation firm prior to which he worked in the insolvency group of an international accounting firm.
Farley has been retained as an expert, mediator and arbitrator in cases involving share/equity business valuations, economic damages, lost profits, income determination, fraud investigations and due diligence investigations. He has appeared as an expert witness at numerous trials and other legal proceedings in Ontario, Alberta, New Brunswick, the USA and in the United Kingdom. Farley has been recognized as one of Canada’s top expert witnesses in Who's Who Legal and the Lexpert/American Lawyer annual guides.
Education & Credentials
- FCIArb | 2020, Fellow, Chartered Institute of Arbitrators
- CFF | 2016, Certified in Financial Forensics
- FCBV | 2012, Fellowship Chartered Business Valuator
- FCPA | 2011, Fellowship Chartered Professional Accountant
- FCA | 2011, Fellowship Chartered Accountant
- ASA | 1992, Accredited Senior Appraiser
- CBV | 1989, Chartered Business Valuator
- CIRP | 1987, Chartered Insolvency and Restructuring Professional
- MBA | 1984, York University
- CA | 1982, Chartered Accountant
Related Expertise
Farley's Cases
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Tax Court Dispute Involving Valuation of Preferred Shares
Tax dispute concerning fair market value of fixed value preferred shares. Canada Revenue Agency did not agree with valuation of shares in non-arm’s length transaction.Learn More -
Dispute Involving Related Real Estate Developers
Determination of value of multiple real estate projects in varying stages of development subject to dispute between first and second generation real estate developers.Learn More -
Restaurant Chain Shareholder Dispute
Shareholder dispute involving the value of a group of regional restaurants and bars, a particular Shareholder’s interests therein, and the Arbitration of the value thereof.Learn More -
Contract Termination in Aerospace Industry
CHS was retained by Counsel for a Canadian aerospace company in arbitration proceedings relating to the termination of a contract due to a Force Majeure event.Learn More -
Family Law Dispute Involving Tracing of Gifts and Inheritances During Marriage
Tracing of gifts and inheritances received during marriage to assets held at the separation date for determining required equalization payment and value of excluded property.Learn More -
Grenke et al v. National Oilwell Varco et al
2018 FC 564Quantification of damages in an intellectual property dispute in Federal Court resulting from infringement of certain patents for equipment used in the extraction and storage of oil.Learn More -
Calculating Income for Support Purposes of Business Owner with Complex Corporate Structure
Calculation of income for support purposes of owner with interests in multiple private companies, including holding companies and operating companies, some of which were owned with third parties.Learn More -
Family Law Dispute Involving Senior Executive in the Investment Industry
Valuation of investment portfolio and deferred compensation plans at date of marriage and two separation dates, and calculation of income for support purposes.Learn More -
Arbitration Involving Construction Design Errors and Omissions
Arbitration concerning additional and unanticipated costs incurred by the builder of a new public transit line in Canada resulting from the Defendant’s design errors and omissions.Learn More
News & Insights
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CHS Principals recognized as Leading Experts in Who’s Who Legal for 2023-2024.
Cohen Hamilton Steger & Co. congratulates five CHS Principals who have been recognized in Who’s Who Legal for 2023-2024 as leading experts in damages quantification, business valuation and forensi... -
CHS is proud to announce that Farley Cohen has been recognized by Arbitration Place in its most recent Roster Member Spotlight.
Read more about Farley and his tips for Counsel to get the most out of their mediations and arbitrations in the full spotlight feature from Arbitration Place. -
Cohen Hamilton Steger & Co. recognized as Leading Damages Experts for 2022 by Who’s Who Legal
Who’s Who Legal has recognized Cohen Hamilton Steger & Co. as one of the Leading Firms in North America for Quantum of Damages Experts for 2022. In particular, its founding Principals r... -
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Who’s Who Legal recognizes Farley Cohen, Ross Hamilton and Peter Steger as leading practitioners in the “Financial Advisory and Valuation – Quantum of Damages” category in its Consulting Experts 2020 edition.
CHS was the top firm in Canada with three recognitions in this category. -
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Farley Cohen was added to the roster of leading industry expert arbitrators at Arbitration Place in Toronto.
Farley Cohen was added to the roster of leading industry expert arbitrators at Arbitration Place in Toronto -
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Farley Cohen and Antonina Wasowska presented at an Advocates’ Society conference titled "Financial Literacy for Family Lawyers".
Farley Cohen co-chaired the conference while Antonina Wasowska co-presented on the topics of understanding financial statements and tax returns, as well as working with an expert. -
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Farley Cohen participated on a panel presentation entitled “Expert Reports: Ethical Considerations and Recent Cases” at Osgoode Hall’s CLE program in Toronto, ON.
Farley was accompanied by Patrick Schmidt, Partner at Thomson, Rogers LLP. To learn more of this Osgoode Hall CLE program, please click here. -
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CHS is proud to sponsor Aidsbeat 2012, the Bay Street battle of the bands in support of the 25th anniversary of CANFAR (Canadian Foundation for AIDS Research).
To learn more about this event, please click here. -
Farley Cohen was granted the FCBV (Fellow) designation by the CICBV.
The FCBV designation is granted by the Institute in recognition of members’ contributions to the Institute and support of the CBV designation. -
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Farley Cohen is elected as an FCA (Fellow of the Institute of Chartered Accountants of Ontario).
Cohen Hamilton Steger & Co. Inc. congratulates Farley Cohen upon being elected as an FCA (Fellow of the Institute of Chartered Accountants of Ontario). Fellowship is the highest designation that t... -
Farley Cohen, past Chair of the CICBV, speaks on behalf of the CICBV in a four-part special feature series published in The Globe and Mail.
The four-part “special information feature” was published in The Globe and Mail in June 2011 and highlighted the Institute’s White Paper research study on valuing businesses in the current economic en... -
Farley Cohen featured in the article "Choose Wisely" in the June 2011 Advisor's Edge.
Farley Cohen was interviewed for the feature article “Choose Wisely” in the June 2011 edition of Advisor’s Edge dealing with how to determine the value of a “book of business”. Advisor’s Edge is a mag... -
Paula Frederick appointed to the CICBV Board of Directors. Farley Cohen becomes Past Chair ex-officio of the Board.
Paula Frederick was appointed to the Canadian Institute of Chartered Business Valuators Board of Directors for a three-year term. Paula has also served and continues to serve on several CICBV Bo... -
Cohen Hamilton Steger & Co. Inc. celebrates its one year anniversary.
The founding principals - Farley Cohen, Ross Hamilton and Peter Steger – and fellow principals Paula Frederick and Prem Lobo thank their clients, colleagues and staff for helping grow the company from... -
Farley Cohen, Ross Hamilton and Peter Steger were each recognized as one of Canada's top Cross-Border Expert Witnesses for 2010 in Lexpert.
Farley Cohen, Ross Hamilton and Peter Steger were each recognized as one of Canada’s top Cross-Border Expert Witnesses in Lexpert’s “2010 Guide to the Leading US/Canada Cross-Border Litigation Lawyers... -
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Farley Cohen appointed Chair of the Board of Directors of The Canadian Institute of Chartered Business Valuators (CICBV) for the 2010-2011 term.
To read the news release as reported in The Globe and Mail, please click here. -
Farley Cohen and Prem Lobo will be speakers at the 2010 Joint ASA-CICBV Business Valuation Conference in Miami, FL.
Cohen Hamilton Steger & Co. Inc. Principals Farley Cohen and Prem Lobo will be speaking at the upcoming Joint National Valuation Conference organized by the Canadian Institute of Chartered Bu... -
Farley Cohen elected as the Chair of the Board of Directors of The Canadian Institute of Chartered Business Valuators
Farley Cohen was elected as the Chair of the Board of Directors of The Canadian Institute of Chartered Business Valuators. Farley became a Chartered Business Valuator in 1989 and joined the Board of D... -
Damages Quantification, Business Valuation and Forensic Accounting boutique Cohen Hamilton Steger & Co. Inc. launches today
Farley Cohen, Ross Hamilton and Peter Steger are pleased to announce the formation of Cohen Hamilton Steger & Co. Inc. – Toronto’s new and compelling independent boutique practice specializing in ... -
Peter Steger and Farley Cohen were speakers at the joint CICBV/CA-IFA presentation of "Changing Rules and Roles of Expert Witnesses"
To hear the audio link, click here.