A team of CRA financial markets experts prepared a solvency analysis as part of the defense of a private equity firm in a fraudulent conveyance action brought by the receiver of an acquisition, development, and construction lender of residential properties. Our experts demonstrated that the defendant was solvent as of a transaction date, and that its eventual insolvency was related to the collapse of the real estate market. Ultimately, the testimony of CRA’s experts resulted in a favorable settlement.
CRA strengthens its Forensic Services Practice
“We are excited to welcome David to the CRA team,” said Paul Maleh, President and Chief Executive Officer of Charles River Associates. “With over 20 years of...