Mr. Bayley, a Managing Director, is the founder of Accumyn and serves as its President. He has served public and private businesses, governmental entities, and law firms with auditing, accounting, financial, and economic consulting services for over thirty years. A primary focus of his practice is analysis of financial damages and economic claims, valuation analysis, fraud and forensic accounting examinations, preparation of expert reports and expert testimony regarding accounting disputes, claims of financial and economic loss, and valuation opinions. His…
LUIGI CALABRESE
Mr. Calabrese has been retained by law firms to assist in matters involving lost profit, lost value, unjust enrichment and other financial and economic analysis. Luigi has also determined pecuniary damages for personal injury and wrongful death and wrongful termination for both plaintiffs and defendants. Luigi has appraised businesses, equity securities and specific assets. Types of securities valued include valuation of common stock of privately held companies on a controlling and non-controlling basis, partnership interests, corporate notes, incentive distribution rights,…
AVIATION
AVIATION Accumyn’s aviation valuation expertise is based on an industry background that includes military, commercial, aeronautical engineering, manufacturing, marketing, sales, operations and financial services. We have expertise in assisting clients on engagements related to the Code of Federal Regulations (CFR-14). More specifically, we assist in matters involving design and certification of aircraft Part 25, operations Parts 91 and 135, and maintenance Parts 45 and 145. Our assignments include both the valuation of individual aircraft, aircraft fleets, and related businesses such…
ERNIE KILLINGSWORTH
Mr. Killingsworth is an affiliate Director of Accumyn Consulting specialized in the Aviation Industry. Ernie has completed hundreds of aircraft appraisals and prepared many valuation reports on propeller aircraft, jet aircraft, helicopters and aviation related support equipment for several of the world’s largest finance and leasing companies. Ernie has experience in the aerospace industry as a military and commercial airline pilot, an operations engineer, an executive in marketing, sales, and financial services. While at Gulfstream Aerospace, Mr. Killingsworth worked directly…
Valuation of a Luxury Long-Range Executive Aircraft
Provided expert deposition testimony and prepared expert report on the fair market value of a large business jet aircraft. Valuation analysis of the aircraft involved detailed review of completion work performed on the aircraft, its maintenance and operating records, and an analysis of the functionality of the cabin management system (“CMS”). Valuation was based on cost and market approaches and relied mainly on the analysis of sale transactions involving similarly luxury aircraft with and without deficiencies observed in the subject…
Loss Value of a Small Transportation Aircraft
Prepared expert report on the subject of diminution of value of a small transport category aircraft. Analysis involved the impact of improper engine maintenance on the value of the aircraft. Detailed analysis of the aircraft and its available record showed that the engine change did not result in any value loss of the aircraft. Analysis showed that the aircraft had suffered damages not disclosed in the marketing material and had an incomplete and poor record that would indicate a…
Lost Revenue due to Sub-Standard Luxury Aircraft
Accumyn’s expert valued a buyer’s damages incurred due to receipt of a sub-standard luxury aircraft that was repeatedly delayed and when finally delivered by the seller, did not meet the buyer’s expectations. The seller failed to remedy the mistakes in a timely manner and the buyer relied upon the seller’s representation that the aircraft was being made to the buyer’s expectation and therefore did not exercise their right to terminate the purchase agreement. The expert’s damage analysis had to include…