ACCOUNTING AND FINANCIAL MATTERS

  • Appointed as Arbitrator in case to determine if company financial
    Statements were in accordance with Generally Accepted Accounting
    Standards related to business acquisition
  • During review of files and damages in accounting malpractice case on behalf of defendant, discovered significant errors in plaintiff's damage computation. Plaintiff dismissed case
  • Engaged on several HUD regulatory matters and have consulted or testified to findings.
  • Engaged as an accounting expert on adequacy of an audit conducted by an accounting firm of a city related to investments in derivatives. Case settled prior to trial.
  • Engaged as an accounting expert on proper accounting for acquisition of a business in audited financial statements and what is reasonable due diligence and reasonable reliance for a purchaser of a business. Case settled before trial.
  • Engaged as an accounting expert on adequacy of an audit conducted by an accounting firm in connection with a business acquisition. Case settled before trial.
  • Testified on operating history of two different owners of a country club. Areas of testimony included how well each party operated the club and use of related party vendors.
  • Consulted in a case related to adequacy of disclosures in tax shelter real estate syndication.
  • Testified in a lawsuit involving accounting for purchase price of real estate where setter made contributions to operating deficits. I was able to provide impeachment evidence of opposing expert which was helpful in settling the case.
  • Evaluated solvency and related financial matters of an insurance company in litigation between various state regulators and an insurance company.
  • Consulted in a lawsuit representing the Defendants, where Plaintiffs were seeking ownership interest in certain real estate projects. Areas of consulting included sources and applications of project funds and how divisions of financial responsibilities between developers and investors are structured in similar real estate ventures. Case settled during trial.
  • Testified before the Joint Subcommittee on Horse Racing of Maryland General Assembly for the owners of Maryland Harness Tracks regarding the negative impact of a proposed increase in betting tax.
  • Performed survey related to potential claim against hotel Franchise Company.
  • Court testimony of tax effects in divorce case.

EXPERIENCE CONTINUED