RILEY & RILEY

In the matter of *Riley & Riley*, Thornton J of the Supreme Court of New South Wales was required to determine the value of the business of the company Riley Pty Ltd. The specific context of this valuation was not detailed in the provided extract, but it is clear that a judicial determination of the company's worth was necessary.

The central legal issue before the Court was to ascertain the precise monetary value of the business operated by Riley Pty Ltd. This required the application of appropriate valuation methodologies and legal principles to arrive at a figure that accurately reflected the company's worth.

Thornton J determined that the value of the business of Riley Pty Ltd was $909,356. This figure represents the Court's finding on the company's worth, arrived at after considering the relevant evidence and legal principles pertaining to business valuation.