A construction project could have at least five different professions involved – builders, general contractors, developers, subcontractors and owners – and a lot of moving parts. When a construction project goes wrong, there are a lot of ways it can go wrong. Perhaps a project is delayed, or has gone over budget, or is marred … Continued
How does Forensic Accounting works in Fraudulent Transfer Claims? The mix of corporate and bankruptcy litigation often includes forensic accounting for fraudulent transfer claims, the essentially business dispute claim at the heart of almost all bankruptcies. When one party in business or in bankruptcy claims that a transfer of funds – debt, a property … Continued
Forensic accounting is often called upon in the realm of business litigation. The doctrine of ‘Alter Ego’ comes into play when a party argues that it has the authority to ‘pierce the corporate veil’, to treat a corporation or limited liability company as not a separate legal person but rather the same as its ostensible … Continued
In the complex realm of bankruptcy and insolvency cases, the need for sophisticated financial analysis is paramount. Bankruptcy lawyers grappling with intricate financial issues often turn to forensic accountants for invaluable support. Engel & Engel, a distinguished Forensic Accounting firm based in Los Angeles serving clients nationwide, emerges as a trusted partner in providing comprehensive … Continued
In the complex world of finance, where trust is paramount, fraud can wreak havoc on businesses and individuals alike. Engel & Engel, a leading Forensic Accounting firm based in Los Angeles with a nationwide reach, stands as a beacon of reliability in uncovering the truth behind fraudulent activities. Armed with the expertise of Certified Fraud … Continued
Real Estate Litigation and the role of Forensic Accountants In the realm of real estate litigation, financial matters often take center stage. Whether it’s developers, brokers, lessors, lessees, owners, buyers, sellers, or financers, disputes can give rise to complex financial issues that require expert analysis. Engel & Engel is a trusted partner in this arena, … Continued
Business litigation often revolves around one crucial element: money. When disputes arise, one of the most sought-after forms of compensation is lost profits. To claim these damages, plaintiffs must establish a direct link between the defendant’s actions and the financial losses incurred. The task of quantifying lost profits falls to business valuation analysts. These professionals … Continued