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…
FAILED SOFTWARE IMPLEMENTATION
This matter involves a dispute between a leading television and internet seller of jewelry and a software company. Accumyn was asked to review and opine on the damages suffered by the jewelry seller as a result of the failed software implementation. Accumyn determined the jewelry seller’s out-of-pocket costs and extra-expenses incurred as a result of failed software implementation. This included payments to the software company, as well to the other third-party vendors. This involved a determination of the value of the…
LOST PROFITS OF A CREDIT CARD COMPANY DUE TO A BREACH OF CONTRACT
This matter involves a dispute between a high-end credit card company that provides co-branded marketing services and a global payment processing company. Accumyn was asked to review and opine on the damages suffered by the credit card company based on claims that the payment processing company breached its contractual and common-law obligations and interfered with the credit card company’s business operations. Accumyn determined the credit card company’s lost profits as a result of the payment processing company’s actions. This analysis…
MARIA TERESA RITCHEY
Ms. Ritchey has served in management and executive positions for public and private corporations in manufacturing, banking, agriculture, and not-for-profit sectors and has consulting and advisory services experience in both the US and South America. Ms. Ritchey’s leadership roles have included serving as financial manager, administrative director, assistant controller and chief financial officer. She has held management responsibilities in the fields of financial accounting and analysis, treasury, and human resources including payroll administration. Her business management experience has involved state…
FINANCIAL & ECONOMIC FORENSICS
The fields of finance and economics are intricately related. In some situations, such as financial statement analysis or valuations, an experienced analyst can provide insight into how financial data should be correctly interpreted, including how to make adjustments that make data useful for economic analyses. In addition, some laws and regulatory bodies require certain analyses to be completed in accordance with specific professional rules and guidelines, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards.
GRAHAM BAYLEY
Mr. Bayley is a financial analyst with experience in investment banking and oil & gas corporate finance and operations. He has assisted with a range of advisory related tasks including financial analysis, industry and market research, due diligence and corporate finance modelling as well as preparation of materials providing recommendations to company senior management and board of directors on matters of M&A&D valuation, portfolio strategy and financial structuring. He has served private equity and hedge fund investors as well as…
RONALD GUAJARDO
Mr. Guajardo is a recognized expert in the Midstream Industry, specializing in the commercial business development of gas gathering, processing, NGL fractionation and marketing assets. He has over thirty years of commercial and technical experience spanning strategic planning and business development, acquisition and divestitures, asset optimization, and commercial negotiations in all phases of the Midstream Industry. Recruited into Conoco’s Management Development Program, Mr. Guajardo progressed through plant operations and facilities management, gas and NGL marketing, and commercial business development positions…
STEPHEN TRAICOFF
Mr. Traicoff has provided expert witness services in federal and state courts primarily related to energy trading, risk management, and structured finance in the energy industry. He has commercial and trading experience regarding refined products, natural gas, residual fuel, petrochemicals, feedstocks, and electric power. Steve has also originated, structured, and closed large, complex physical and financial transactions in the natural gas and power industry sectors. Steve has participated as a subject matter expert in a variety of engagements involving analysis,…
JERRY TURNER
Mr. Turner is the founder and President of T-4 Investment Solutions LLC (T4IS). His clients include financial institutions, domestic and international governmental entities, law firms, and public and private businesses. Jerry provides a broad array of services, including quantification of damages, transaction assistance, mediation assistance, financial analysis, preparation of expert reports and expert testimony regarding real estate and financial disputes, operations review and analysis, contract examination and valuation analysis. Mr. Turner’s dispute experience includes assisting in matters such as tenant/landlord…
Forensic Accounting of Profits Earned From Construction of Drilling Rigs
Accumyn assembled a team of engineers and forensic accountants to determine the profits earned by a sub-contractor from constructing two land-based drilling rigs for a Canadian exploration and production (“E&P”) company. The E&P company hired a contractor who sub-contracted the project to a land rig specialist. After more than $8 million was paid to the original contractor, the contractor ceased operating and entered chapter 7 bankruptcy. The sub-contractor said a delay in payments by the contractor had resulted in a…
Market Analysis of Financial and Economic Damages to Shopping Center Developer
Accumyn prepared a detailed analysis of the deteriorating capital markets during the 2007 financial and credit meltdown and the impending sub-prime mortgage crisis to derive a but-for calculation that would represent what could have been done by a shopping center developer had they been informed in March 2007 of their anchor tenant’s intent not to lease. This analysis included a comparison of the value of the center based on spring 2007 market conditions and conditions at the time of trial…
Forensic Analysis of Investors’ Share in the Economic Benefits of a Patented Technology
The Accumyn team prepared a forensic analysis of transactions dating back to 1986 to determine a decease CEO’s Heirs’ and investors’ share in economic benefits from a patented technology. The technology was developed in 1990 and was the subject of patents filed in 1991. Subsequently, these patents were the subject of a lawsuit resulting in a settlement of $612.5 million in 2006. Accumyn determined the proportional distribution of the 2006 settlement proceeds the heirs and investors were entitled to as…
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