In this episode Director of Forensic and Advisory Services Dan Hughes explains how forensic accountants are important members of a business’ interruption insurance claims team.
In this episode Director of Family Law Forensics Sandi Perez explains how couples in divorce situations can benefit from financial analysis and investigations.
In cases involving economic damages, attorneys have an obligation to prove lost profits with “reasonable certainty” based on the use of “best evidence.” Considering that the courts have not agreed on one universally accepted standard for defining “best evidence,” such decisions inevitably rely on the facts and circumstances of each individual case. As a result, […]
While construction cranes continue to dot the skylines of cities across the world, the construction industry is facing a challenging time. Soaring demand for projects are being hampered by rising costs of construction materials, delivery delays due to supply chain disruptions and a shortage of skilled laborers. In this environment, real estate developers, building owners […]
In this episode Director of Forensic and Advisory Services Joel Glick explains how forensic investigations can be an important part of litigation matters.
There are a variety of economic and non-economic factors that can negatively impact cash flows for businesses of all sizes across various industries. Currently, the ongoing labor and supply-chain constraints coupled with record-high inflation and rising interest rates are making it more difficult for businesses to cover their operating costs and maintain profitability. While there […]
Mention of the term “usury” often conjures up images of predatory payday lenders and loan sharks. Yet, the practice of charging an excessive rate of interest on loans or similar lending agreements can occur in various traditional financial transactions as well. To protect yourself, you must recognize the nuances in usury law that differ from one […]
The Florida legislature has finally made good on its decade-long attempt to change the state’s alimony laws, approving SB 1796 and sending it to Governor DeSantis. With the governor’s signature, the new law would go into effect on July 1, 2022, and apply to open cases as of that date and to new cases filed thereafter. […]
To recover lost profits or other economic damages in a civil lawsuit, a plaintiff must not only be able to establish liability and show that a defendant perpetrated a wrongful act, but, as the Florida Supreme Court decided in W.W. Gay Mechanical Contractor, Inc. v. Wharfside Two, Ltd., 545 So.2d 1348 (1989), a plaintiff must […]
Seasoned litigators consider forensic accountants their secret weapon when defending cases involving economic damages. By relying on carefully honed skills to investigate, audit and uncover often-complicated financial transactions, forensic accountants can sort through mountains of data to connect seemingly unrelated dots and identify hidden assets or instances of fraud. In addition to identifying financial facts, […]