An experienced financial consultant provides great value as an advisor in a variety of litigation matters, especially those involving damages, business valuations, bankruptcies, forensic accounting, or fraud. In these situations, it is critical to work with qualified and experienced professionals who can simplify complex financial data so that it can be easily and effectively presented to a range of audiences, including judges and juries. The Litigation, Valuation and Bankruptcy Services team at HEIN & ASSOCIATES LLP offers a wide range of professional experience and technical skills to provide well-reasoned and supportable opinions for use in litigation and other disputes. Our specialists employ proven and generally-accepted methodologies for measuring economic damages, valuing businesses, or applying forensic accounting procedures. Our sophisticated approaches include data mining and other computer-assisted technologies to discover and analyze information as well as develop compelling trial exhibits.

Economic Damages
Valuation Services
Insolvency, Reorganization, and Bankruptcy
Forensic Investigations
Continuing Legal Education (CLE) Courses

A determination of economic damages based on reliable methodologies and analyses is critical in a wide variety of litigation matters. Clients and their counsel realize measurable benefits as improved quality of information is made available for use in decision-making and dispute resolution. This enhances the opportunities for favorable settlements and preservation or recovery of assets.

Our Litigation Services team has over 100 years of combined professional experience in the calculation of economic damages. We have assisted plaintiffs, defendants and judges in both state and Federal courts. We deliver reasonable, thorough, and individualized economic loss assessments for a wide range of situations including:

• Breach of Contract
• Business Interruption
• Business Torts
• Construction Claims
• Employment Liability
• Insurance Claims
• Intellectual Property Damages
• Lost Profits
• Lost Wages
• Personal Injury and Wrongful Death

If litigation proceeds to court, HEIN & ASSOCIATES LLP professionals provide expert witness testimony at trial. They also prepare compelling and understandable graphic presentations for the purpose of trial exhibits.

Contact Peter Schulman, Mitch Hoffman, or Matt Wester for additional information

A reliable assessment of value is essential to the success of a major transaction or other significant event in the life cycle of your business. Our valuation specialists combine proven methodologies with broad experience to provide you with the comprehensive and objective appraisal necessary to make important decisions. Team members have diverse professional backgrounds, a broad range of industry experience, and accreditations in the following organizations:

• Charter Financial Analyst International (CFA)
• American Institute of Certified Public Accountants (CPA/ABV)
• National Association of Certified Valuation Analysts (CVA and AVA)

Our experience spans a wide range of specialty areas including:

• Intangible/Intellectual Property
• Purchase Price Allocation (FASB 141)
• Accounting for Stock-Based Compensation and Other Instruments (FASB 123)
• Asset Impairment Analysis
• Mergers, Acquisitions and Divestitures
• Estate and Gift Taxes
• Economic Loss Analysis
• Transaction Financing
• Goodwill Impairment Testing
• Succession Planning
• Marital Dissolution
• Buy - Sell Agreements
• Insolvency and Solvency Analysis
• Liquidation or Reorganization Accounting
• Dissenting Shareholder Actions
• Stock Options

Contact Mitch Hoffman for additional information

Chapter 7 and 11 business bankruptcies frequently require the assistance of financial and accounting experts. In addition, debtors and creditors frequently attempt to negotiate out-of-court debt restructurings to avoid bankruptcy, minimize costs, and preserve assets for both borrowers and lenders. HEIN & ASSOCIATES LLP provides consulting services to assist counsel and their clients in responding to the unique situations that arise in the bankruptcy and distressed company environment. We frequently work with Trustees, creditors, and debtors to manage the complex financial and accounting aspects of these matters. Following are some examples of the specialized support you can expect from us:

• Avoidance Actions (Preferences and Fraudulent Transfers)
• Financial Reporting
• Reorganization and Restructuring Consulting
• Trustee and Examinors Services
• Creditor Committee Representation
• Sophisticated Models to Analyze and Forecast Debtor Operations
• Solvency Analysis
• Liquidation Analysis
• Valuation Services
• Fresh-Start Accounting
• Computer Forensics

Contact Peter Schulman for additional information

A forensic accounting investigation assists clients and counsel in a variety of matters that require the accurate assessment of facts related to a dispute. The Litigation Consulting professionals at HEIN & ASSOCIATES LLP use accounting, auditing and fraud investigative methods to research, quantify and present the financial impact of a dispute as it relates to a legal action. We employ sophisticated techniques, including computer-assisted methodologies, to acquire and analyze voluminous computerized data. We also provide expert witness testimony and high-impact graphic presentations for court cases. Our experience in this area covers a wide range of cases, including:

• Accountants Professional Liability
• Audit Committee Advisory ("ACA") Services
• Economic Damages
• Environmental Cost Analysis and Allocation
• Merger & Acquisition Disputes
• Securities Fraud

Contact Matt Wester for additional information

Our Litigation Team brings its professional experience to the classroom with two insightful courses that are approved for CLE credit:

• Proving Economic Damages
  (4 hours of CLE)
• Understanding Present Value Computations in Business Litigation
  (2 hours of CLE.)