LITIGATION, FORENSIC AND VALUATION Services
The consultants in Anchin’s Litigation, Forensic and Valuations
Services Group possess the experience and credentials recognized
by attorneys, businesspeople and the courts to act as experts to
help them make informed decisions. The group’s depth, extensive
intellectual capital base, state-of-the-art technology and use of
international professionals are strategically utilized to create
effective and efficient solutions to dispute resolution matters.
Meet the Consultants
Anchin’s consultants are recognized as experts in federal,
New York State and California state courts for a number of reasons:
- We have already been recognized by these courts to testify
- We possess all the credentials that you would expect from a
well seasoned consulting team. Members of our team hold these
certifications and/or degrees: CPA, ABV, CVA, CFE, JD, MBA, CIRA
(Certified Insolvency and Restructuring Advisor) , PhD, CISA (Certified
Information Systems Auditor), CISM (Certified Information Security
Manager), CISSP (Certified Information Systems Security Professional),
and enCase Examiner.
- We come prepared to state our case and to provide the documentation
to support it in a very credible manner.
- We use state-of-the-art techniques recognized by the courts
to uncover detail that is relevant to our clients, including statistical
methodologies, computer forensics, e-discovery, and data mining.
We leave no stone unturned on behalf of our clients.
- Our team includes a broad range of consultants with abilities
that can meet the needs of most engagements. In addition to our
full-time consulting staff, we maintain an active network of outside
professionals to draw upon when their very particular expertise
is required.
Click here
to view our list of partners and directors in Litigation, Forensic
and Valuation Services.
Click here
to view our list of consultants in Litigation, Forensic and Valuation
Services.
Litigation Services
In litigation, your positions are only as strong as your ability
to support and present them. As experts, we are thoroughly prepared
to support your position with knowledgeable, credible and objective
analysis. We are able to present complex data in ways that our clients,
judges, jurors, arbitrators and mediators can comprehend. The result?
Helping you build and prove stronger cases.
Areas in which we perform Litigation Services include:
- Contract disputes
- Disputed construction and contractor claims
- Document management
- Expert witness
- Lost profit and damage calculations
- Lost value
- Matrimonial matters and disputes
- Preparation for Congressional hearings
- Surety Claims
Forensic Services It’s all in
the detail. As forensic accountants, our professionals utilize all
of their accounting, auditing, computer, and investigative skills
when conducting forensic analysis or an investigation. Equally critical
is our ability to immediately understand complex transactions and
to communicate financial information clearly and concisely. Our
professionals are dedicated to dig deeper and deeper into the detail,
knowing that’s where the answers lie.
- Accounting and auditing malpractice
- Bank fraud
- Bankruptcy and insolvency
- Business failures
- Criminal investigations
- Defalcations
- Forensic insolvency and bankruptcy
- Fraudulent transfer of funds
- Internal investigations
- Tax fraud and non-filing taxpayers
- Tracing assets
- Trusts and estates
Computer Forensics
We employ the use of state-or-the-art technologies and best practice
analytical and investigative techniques to identify, collect, examine
and preserve evidence/information which is magnetically stored or
encoded. We are able to:
- Secure the subject system (from tampering during the operation);
- Acquire a copy of hard drive (if applicable);
- Identify and recover all files (including those deleted);
- Access/copy hidden, protected and temporary files;
- Study 'special' areas on the drive (eg: residue from previously
deleted files);
- Investigate data/settings from installed applications/programs;
- Assess the system as a whole, including its structure;
- Consider general factors relating to the users activity; and
- Create detailed report.
Litigation and Forensic Case Studies
Anchin’s forensic accounting and
financial investigative specialists work to convey complicated issues
in a manner that others can easily understand. Our specialists have
worked with various entities, including banks, insurance companies,
private entities and governmental entities such as the Attorney
General of New York, New York City Corporate Counsel’s Office,
Department of Investigations (DOI) and the Internal Revenue Service
(IRS). A sample of Anchin’s litigation and forensic experience
includes the following:
- Retained by major insurance companies to trace hundreds of millions
of dollars of fraudulent insurance claims through layers of corporate
ownership.
- Retained by beneficiaries and executors of estates and trust
to determine the appropriateness and validity of expenditures
made by administrators, other executors and attorneys.
- Retained by trustee of a litigation trust to review the legal
fees from attorneys.
- Retained in numerous matrimonial matters to trace funds, analyze
cash flow, and perform valuations.
- Retained by a special master to investigate organized crime
involvement in a bankruptcy proceeding of heating oil distributor.
Conducted a financial investigation to determine if there were
any financial irregularities that would indicate involvement.
- Retained by an international bank to audit the books and records
of various real estate customers in default of loans to identify
inappropriate and prohibited transactions made for the benefit
of the principals. Amounts uncovered were used to create pressure
to create settlements on each of the engagements retained.
- Retained by sureties to evaluate the costs to complete incurred
in connection with performance bonds.
- Retained by an international bank to review controls and identify
prohibited transactions of a Bank Officer suspected of fraud.
Successfully found all prohibited transactions leading to criminal
referral.
- Approval by the New York City Department of Investigations to
monitor Bovis’ clean-up costs of the World Trade Center
after the terrorist attacks of 9/11.
- Monitored the breakup of the Gambino family’s trucking
enterprise in the apparel industry after they were forced to sell
off their trucking routes. Monitored the selection process of
the successor businesses and their accounting records for a period
subsequent to the breakup.
- Investigated wrongdoings, improper spending and conflicts of
interest and defalcations in the housing department of a major
university and other for-profit organizations.
- Retained by one of the world’s largest international banks
to be part of a team that took over and investigated customers
that had defaulted on their loan obligations. Worked to create
an investigative plan to uncover irregularities and work their
implementation. Irregularities involved domestic and foreign operations
of major film production and distribution companies. Strategies
involved establishing extensive datAnchinses and using them to trace
and analyze irregularities. Some of these engagements lead to
the appointment of Trustees.
- Retained by a major international trading company to investigate
its investments in Turkish Mining Companies and the subsequent
sale of the businesses to determine if there was fraud in the
financial reporting obtained in each of the transactions. Findings
lead to a successful settlement of the litigation.
- Handled the audit of companies being investigated by taxing
authorities for the purpose of determining the extent of any misstatements
in tax returns filed.
- Tracing of hundreds of millions of dollars in a kiting scheme
in a mortgage company designed to defraud major New York banks
and Fannie Mae.
- Retained by the New York State Department of Education to review
and analyze the audit workpapers of the Roslyn School District
auditors for audit deficiencies who were subject to a disciplinary
proceeding.
- Retained by the Attorney General of New York to help recover
funds in a fraud perpetrated on a not for profit organization.
- Retained by manufacturing and retailing companies to calculate
lost profits and lost value in litigations.
- Retained in litigation involving the break-up of a major real
estate organization to defend against claims of wrongdoing: self-dealing
on the part of certain partners.
Valuation Services Valuation services
are critical to those who must rely on the value of a business to
make informed decisions. Valuations services become even more critical
when there is no active market that provides a quoted market price
for a business or investment. Anchin’s valuations are an excellent
management tool which can be used to maximize shareholders’
value and generate benefits.
Anchin professionals use a variety of tools in determining valuations,
including the use of databases, extensive research, and financial
theory. In addition, our forensic backgrounds are invaluable when
scrutinizing the underlying numbers and assumptions. This can have
a significant effect on valuations. Our valuations are prepared
by experienced, credentialed valuation professionals to avoid the
inaccurate conclusions of applying generic industry “rules
of thumb.” An objective and credible valuation will always
reduce questions and ambiguity and help minimize exposure to litigation
and dispute resolution.
- Dispute resolution
- Dissolution and solvency matters
- Employee stock option plans
- Exit strategies
- Insurance-related matters
- Internal management analysis
- Matrimonial matters and disputes
- Mergers and acquisitions
- Shareholder buy-sell agreements and disputes
- Trusts and estates
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