A CRA expert was retained by dissenters in a $500 million merger dispute in the Grand Court of the Cayman Islands. Dissenters tasked CRA with valuing a leading Chinese transportation company after it was taken private by its CEO and other investors in a process which Dissenters alleged was tainted by conflicts of interest. The matter was ultimately resolved via confidential settlement. This engagement was managed by Vice Presidents Erik Himan and Keith Bockus with assistance from CRA staff including Carlos Penikis, Arthur Poon, Charles Zhou, and Kevin Cuddy.
New DOJ guidelines focus the fight against white-collar crime
Concurrently, the DOJ has updated its Corporate Enforcement Policy (CEP), providing guidance on how self-disclosure, cooperation, and remediation efforts can...