An aerospace, automotive, and engineering company (defendant) turned to CRA’s expert during litigation related to the sale of a subsidiary. CRA’s expert opined on the value of the subsidiary as of the time of the acquisition, showing that the price paid by the plaintiff was within the appropriate valuation range using the plaintiff’s financial advisor’s own methodology. CRA’s expert also conducted a solvency analysis of the plaintiff and demonstrated that the plaintiff was solvent at the close of the transaction with the defendant. CRA’s client prevailed when the plaintiff withdrew the solvency claim after CRA’s expert’s deposition.
Compliance solutions for pandemic-related fraud risks
When the COVID-19 pandemic struck the US in March 2020, office environments, supply chains and traditional ways of doing business evaporated in mere weeks....