CRA’s Forensic Services Practice was retained by Latham & Watkins to assist a private equity firm recover its losses after investing in a new portfolio company, and later discovering that the financial statements relied upon in due diligence were materially false. The team, led by Kristofer Swanson, with assistance from Jordan Kraner, preserved and analyzed accounting records and digital evidence, conducted witness interviews, and prepared claims against sellers and OldCo management, as well as an insurance claim under a representations and warranties policy. The client obtained full recovery of the policy coverage.
2024 International Arbitration review: Updates and trends
Dear Clients and Friends, Our activities in 2024 reflected ongoing trends from 2023 and emerging forces affecting the landscape for investors and companies...