O’Donnell, Ficenec, Wills, & Ferdig (OFWF) 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 dissolution
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.