O’Donnell, Ficenec, Wills, & Ferdig helps attorneys make complex financial issues more understandable and many times, these financial issues are a key factor in the outcome of a lawsuit. Litigation support is a key service at OFWF and it typically includes forensic accounting and business valuation.
Our forensic accountants are proficient at investigating, identifying, and analyzing financial information that may uncover hidden assets, identify unreported income, determine lost profits, or help with whatever specific financial issues the case requires.
Our business valuators use a number of methods to determine intrinsic value, volatility of returns, or enterprise or equity value, etc. for an economic analysis cross-check. These results feed the business value synthesis, or weighting scheme, to help determine what the business is worth.
Here are four types of Litigation Support cases where OFWF can be of particular assistance.
1. Shareholder disputes/partnership dissolutions
We can assist in determining a fair value for an owner’s stake in the business or determine if misconduct has occurred.
2. Damage claims/lost earnings for corporations and individuals
We can assist in either the calculation or critique of damages for any number of circumstances.
3. Bankruptcy and fraudulent conveyance actions
We can assist trustees and their counsel with bankruptcy-related issues, including finding and recovering hidden assets, identifying fraudulent conveyances, and even filing the monthly reports for operating entities in bankruptcy.
4. Fraud and forensic analysis
If someone has become a victim of embezzlement or fraud, we can assist in determining what happened, who is responsible, and the extent of the exposure.
At OFWF, we analyze the most complex accounting, financial, and tax issues and deliver a clear explanation of the case’s financial merits. We can also provide expert witness testimony, develop theory, and assist with deposition questions or case strategy. With OFWF on your team, you can count on us to be more than accounting.
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