CRA was engaged by publicly traded international logistics company became involved in a post-acquisition dispute after the sale of its multibillion dollar subsidiary. CRA was engaged to review and analyze claims made by the Buyer relating to the calculation of net working capital adjustments. CRA assisted in the preparation of statements of position for various disputed technical accounting transactions that were submitted to an independent third party neutral. The Seller successfully won the overwhelming majority of the disputed items resulting in eliminating the need to offset the purchase price.
Post acquisition dispute for logistics company