CRA was retained by counsel of European subsidiaries of Nortel in simultaneous bankruptcy proceedings in the US and Canada. Our work involved determining $2 billion of damages related to transfer pricing issues and the allocation of $7.3 billion of IP sales proceeds between related parties from a transfer pricing perspective. The CRA team worked on all aspects of the bankruptcy litigation from investigating and evaluating complex issues, the expert discovery process, issuing multiple affirmative and rebuttal reports assessing and critiquing the positions of opposing experts, and the preparation for deposition and trial testimony.
Highlights from 2025 and looking forward to 2026
In the United States, 2025 brought major activity in high profile transfer pricing disputes and reaffirmed how closely transfer pricing, tariffs, and customs...